Huge queues in front of banks to exchange Rs 500, Rs 1000 notes

Huge queues in front of banks to exchange Rs 500, Rs 1000 notes

Despite waiting in a long queue outside the banks since early morning, people were seen taking selfie with the new Rs 2,000 currency notes.

Meanwhile, many others complained of the hardships they faced to exchange the now-invalid currency notes of Rs 500 and Rs 1,000.

To assist the customers, many banks have opened additional counters. At the RBI’s Chennai branch near Parry’s Corner, eight counters were opened. Barricades were placed to control the crowd. Police personnel were posted in banks for security purposes and they
were also seen guiding the customers.

While people complained about the restriction on withdrawal of money, those who got the new Rs 2000 were excited and took picture of the money to post it on their social media page.

On the rush for depositing and withdrawing money, a person, who had been waiting in the queue since 8 AM, said there were apprehensions that there might not be adequate supply of new notes, which was refuted by bank authorities.

Bank officials said it would take some time to complete formalities for exchanging money but assured that there is adequate supply of notes.