Centre disallows use of Rs 500 (old) notes from December 10

New Delhi: The Centre that had earlier allowed to use Rs 500 (old) denomination notes at various places till December 15, revised its decision on Thursday and said that the currency notes would not be acceptable in Railways, buses and metro after December 10.

The government had already banned the use of Rs 1000 currency notes earlier and asked the public to submit their Rs 1000 currency notes into the banks.

Here you can still use your old Rs 500 notes:

• School fees up to Rs 2000 per student can be made. (only schools falling under central government, state government, municipality and local body).
• Pre-paid mobile top-up to a limit of Rs 500 per top-up.
• Stores coming under Central and State government (Including Safal and Mother Dairy). Customers need to present the ID Proofs.
• Water and Electricity bills.
• Government hospitals.
• Pharmacies by presenting doctor’s prescription.
• Cremation and burial grounds.
• For payment of LPG Gas Cylinders.
• Purchase of seeds from designated state-run outlets.
• Monuments coming under the Archaeological Survey of India.
• Taxes, fees and other charges paid to Central or State governments including municipal and local bodies.
• Court fees.

It may be recalled that on November 8, Prime Minister Narendra Modi announced the historic decision of scrapping Rs 500 and Rs 1000 currency notes, giving shockwaves to black money holders. The old notes have been replaced with the new ones which gradually are capturing the market.