In an effort to improve customer service, the RBI has asked banks to exchange up to 20 pieces of soiled currency notes with a maximum value of Rs 5,000 over the counter, free of charge. However, if the number of notes to be exchanged is more than 20, banks can levy service charge. RBI yesterday said this while reviewing for exchange of soiled notes by banks.
News On AIR | July 15, 2016 8:57 AM
RBI asks banks to exchange upto 20 soiled notes free of charge