No ID proof needed for exchanging Rs 2000 notes
2 min read
By Express News Service
NEW DELHI: The indicators of panic and confusion have begun to set in two days after the federal authorities’s announcement to withdraw Rs 2,000 overseas cash notes. The State Bank of India (SBI) on Sunday issued a clarification saying that one does not should furnish identification proof or fill requisition slips for exchanging 2000-rupee notes as a lot as a prohibit of Rs 20,000 at a time.
The social media platforms on Saturday erupted in frenzy/anger after a Twitter individual shared, what he generally known as, a requisition slip for exchanging Rs 2000 denomination notes as a lot as Rs 20,000 at a time. The slip that was shared had a column that required the depositor to furnish their ID proof to deposit the talked about amount. People had been aghast on the ache it is going to set off depositors within the occasion that they wanted to fill out the requisition slip and likewise furnish ID proofs.
While the authenticity of the requisition slip shared by the talked about individual on Twitter was not established till SBI received right here out with the clarification, the place it says Annexure III (that requested for requisition slip to be filled with ID proof) stands withdrawn.
The finance ministry sources, however, say that RBI or banks have not prescribed any sort or slip of any nature for the alternate of Rs 2000 notes.
NEW DELHI: The indicators of panic and confusion have begun to set in two days after the federal authorities’s announcement to withdraw Rs 2,000 overseas cash notes. The State Bank of India (SBI) on Sunday issued a clarification saying that one does not should furnish identification proof or fill requisition slips for exchanging 2000-rupee notes as a lot as a prohibit of Rs 20,000 at a time.
The social media platforms on Saturday erupted in frenzy/anger after a Twitter individual shared, what he generally known as, a requisition slip for exchanging Rs 2000 denomination notes as a lot as Rs 20,000 at a time. The slip that was shared had a column that required the depositor to furnish their ID proof to deposit the talked about amount. People had been aghast on the ache it is going to set off depositors within the occasion that they wanted to fill out the requisition slip and likewise furnish ID proofs.
While the authenticity of the requisition slip shared by the talked about individual on Twitter was not established till SBI received right here out with the clarification, the place it says Annexure III (that requested for requisition slip to be filled with ID proof) stands withdrawn.googletag.cmd.push(function() googletag.present(‘div-gpt-ad-8052921-2’); );
The finance ministry sources, however, say that RBI or banks have not prescribed any sort or slip of any nature for the alternate of Rs 2000 notes.
