With the government scrapping out old notes of
Rs 500 and Rs 1000, not only the black money hoarders but many others including housewives, daily wagers and small time merchants are in mess as many have stacked money at their homes. Some have been saving money hoping that the ready cash may come handy in near future.
However, as the
Reserve Bank keeps tightening the exchange limit every other day, people are gasping for breath in the current crisis. While your mother, who is a homemaker have gathered almost a lakh of rupees since last 20 years, is worried about IT raid and all the grapevines making news at your locality, it’s your responsibility to stop her from panicking.
Here are the easy steps through which you can deposit your undeclared money in the bank.
(Image source: India Times)