RBI Master Directions 395/2026 Dated 01/04/2026 – Facility for Exchange of Notes and Coins 

The updated directions mandate all bank branches to provide free and non-discriminatory service for exchange of notes ad coins to the public. Banks must accept soiled, mutilated, and imperfect notes, as well as coins of valid denominations, and ensure adequate availability of cash through ATMs. These clarify definitions of defective notes, procedures for their adjudication, and timelines for their exchange or credit.

(Link: RBI Master Directions 395/2026 Dated 01/04/2026)

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top