I have emergency needs of cash (hospitalisation, travel, life saving medicines) then what I should do?
Till the December 15, 2016, specified banknotes of only 500 denomination can be used as under:—
(a) for making payments in Government hospitals for medical treatment
and pharmacies in Government hospitals for buying medicines with
doctor’s prescription;
(b) at railway ticketing counters, ticket counters of Government or
Public Sector Undertakings buses and airline ticketing counters at
airports for purchase of tickets;
(c) for purchases at consumer cooperative stores operated under
authorisation of Central or State Governments and the customers shall
provide their identity proof; However, the purchase from Consumer
Cooperative Stores will be limited to ₹ 5000 at a time;
(d) for purchase at milk booths operating under authorisation of the Central or State Governments;
(e) for purchase of petrol, diesel and gas at the stations operating
under the authorisation of Public Sector Oil and Gas Marketing
Companies;
(f) for payments at crematoria and burial grounds;
(g) for making payments in all pharmacies on production of doctor’s prescription and proof of identity;
(h) for payments on purchases LPG gas cylinders;
(i) for making payments to catering services on board, during travel by rail;
(j) for making payments for purchasing tickets for travel by suburban and metro rail services;
(k) for making payments for purchase of entry tickets for any monument maintained by the Archaeological Survey of India.
(l) for making payments towards any fees, charges, taxes or penalties,
payable to the Central or State Governments including Municipal and
local bodies;
(m) for making payments towards utility charges for water and
electricity only. -which shall be restricted to individuals or
households for payment of only arrears or current charges. No advance
payments shall be allowed
(n) for payments towards court fees
(o) for making payments towards purchase of seeds from the centres,
units or outlets belonging to the Central or State Governments, Public
Sector Undertakings, National or State Seeds Corporations, Central or
State Agricultural Universities and the Indian Council of Agricultural
Research, on production of proof of identity: Provided that for the
purposes of this clause, specified bank notes shall mean bank notes of
the denominational value of five hundred rupees
(p) Payment of School fees up to ₹ 2000 per student in Central
Government, State Government, Municipality and local body schools;
(q) Payment of fees in Central or State Government colleges;
(r) Payments towards pre- paid mobile top-up to a limit of ₹ 500 per top-up
(s) Toll payment at these toll plazas of the Ministry of Road Transport
and Highways may be made through old ₹ 500 notes from 3.12.2016 to
15.12.2016 (as they have continued the toll free arrangement up to
2.12.2016)
Authority: www.rbi.org.in