Last day for exchanging old Rs 500 note

he State Bank of Pakistan has once again reminded the general public to exchange old Rs. 500 banknote as today September 30 is the last date for exchanging the old design bigger size note.

According to the notice issued by SBP on Thursday it is said that SBP and other banks will neither exchange or liable to pay any value to old design of Rs. 500 note after Friday, September 30,2011.

SBP has already asked all banks including MFBs to facilitate the public in exchanging Rs. 500 old design banknote within the stipulated deadline of September 30, 2011.

From: Halal Tamweel