This is regarding the Damaged currency notes which I had withdrawn from a Co-operative bank in Thane-Maharashtra. The bundle had it's Bank seal intact. I wanted to deposite this in SBI, Naupade-Thane Branch against my PPF account. The SBI cashier and the Chief Branch Manager both rejected the acceptance of these notes even though the Notes were in one piece and Numbers were clearly readable. Also the bank refused to give any written communication on this non acceptance.
I would like to know if this non acceptance from SBI is within the Legal frame of RBI directives. Was this information helpful? |
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