Old Currency Notes to Phase Out Tommorow Reminder

Certified receipts stick around for quite a while. Old ones take quite a while and now and again even an entire decade to supplant totally.

Pakistan is at present experiencing a comparative change as old notes (those greater money notes) are being eliminated and no coin notes from old circumstances will be acknowledged anyplace in Pakistan, beginning December first, 2016. Today is the latest day to get them traded.

That said you might ask why transform them in any case?

Change in Design and Durability

State Bank of Pakistan (SBP) issued the new outlines so as to enhance security, sturdiness and tasteful nature of the monetary certificates. Old outline banknotes won't be acknowledged by any bank after November 30th, 2016.

This applies to 10, 50, 100 and 1000 rupee notes of the more seasoned outline. It merits specifying that despite the fact that different banks will quit tolerating these notes after November 30th this year, SBP will keep on accepting these notes until December 31st, 2021.

On the off chance that you neglect to get your old notes traded before the last date, you can in any case go to State Bank of Pakistan and get the notes supplanted from them.

For reference, here are the old monetary certificates which will never again be acknowledged beginning December.

It is very impossible that despite everything you have old banknotes lying around and it is elusive them in consistently exchanges also.

New plans for Rs. 5, 10, 20, 50, 100, 500, 1000 and 5000 were issued in 2008. From that point forward the 5 Rupee note has been eliminated and supplanted by a 5 rupee coin.

On the off chance that you have old money notes, today is the latest day to get them changed at your neighborhood banks. After today, just SBP will be approved to change them until the end of this current year.

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