Rs 500, Rs 1000 exchange: Long queues seen outside banks, ATMs
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Though there was no limit on deposit, for big amounts the banks were insisting on PAN number. Those drawing Rs 10,000 from their bank accounts were also asked to produce their identity proof.
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Thousands of people flocked to banks on Thursday for exchange or deposit of monetised currency notes of Rs 500 and Rs 1,000.
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Though it was announced that the banks will open at 8 a.m., the transactions started only at 9 a.m. While some banks like ICICI opened the doors for public at 9 a.m., many public sector banks had not opened even at 10 a.m.