Though the deadline to deposit demonetised notes in bank branches ended on December 30, NRIs and Indian nationals abroad are still allowed by the Reserve Bank of India to deposit up to Rs 25,000 of the banned notes within the grace period.
The window for Indian nationals who were travelling abroad is till March 31 and for NRIs, it is June 30, 2017.
In order to deposit junked notes in a RBI branch in India, NRIs and Indians abroad will have to show the currency to Customs officials at the airport and get declaration form stamped.
A finance ministry notification said that the declaration will have to be submitted at specified branches of the Reserve Bank while depositing the junked currency.
02/01/17 Z News
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The window for Indian nationals who were travelling abroad is till March 31 and for NRIs, it is June 30, 2017.
In order to deposit junked notes in a RBI branch in India, NRIs and Indians abroad will have to show the currency to Customs officials at the airport and get declaration form stamped.
A finance ministry notification said that the declaration will have to be submitted at specified branches of the Reserve Bank while depositing the junked currency.
02/01/17 Z News
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