With this move, these currency notes have become invalid now. They are just worthless piece of paper now, this is an assault on the black money and fake currency. This will also stop the rising corruption in the nation. The common people having the 500-1000 notes have nothing to worry, they can deposit the notes in their bank and post office accounts from November 10 till December 30.
A new series of Rs 2000 and Rs 500 currency notes would be circulated. Today the banks will remain closed to the public. Even the ATMs won’t be functioning on 9 & 10 November. People will can withdraw only Rs 4000 in a day from their account and Rs 5000 is the daily limit for the ATM.