New Rs 500 notes arrives in SBI ATMs

500-notesFinally , The New Rs 500 notes issued giving a sign of relief to the public after facing money troubles for last few days.

If the serpentine queues at ATMs and the long wait to withdraw cash in the past two days might end with the availability of 500 notes. New Rs 500 notes will be introduced in Delhi, Mumbai and Bhopal today. State Bank of India ATMs have been recalibrated and may start dispensing these notes.

Within hours of launching the new Rs. 500 notes, the government increased the limit of withdrawal from ATMs from Rs. 2000 to Rs. 2500 and exchange limit from Rs. 4,000 to Rs. 4,500.