Pre 2005 currency notes can be exchanged for 6 more months

The Reserve Bank of India has extended the deadline for turning in pre-2005 currency notes to June 30, 2015. Earlier, all citizens had to turn them in by this month-end. The most visible difference between the old and new notes is that the latter carry the year of printing. 

As part of its drive to withdraw currency notes with basic security features, RBI had said that all notes issued prior to 2005 would be withdrawn from circulation. They would continue to be legal tender, but RBI would destroy them as and when they come into bank branches. 

In a statement released here on Tuesday, RBI said that it is soliciting cooperation from the public in withdrawing these notes from circulation and has urged them to deposit the old design notes in their bank accounts or exchange them at a bank branch convenient to them. The RBI has stated that the notes can be exchanged for their full value. It has also clarified that all such notes continue to remain legal tender. 
Click here for RBI Press Release

Struggling to pay high interest on home loan ? SBI has a solution

This article is exclusively for existing home loan borrowers of SBI !
Existing home loan borrowers of SBI with floating rate of interest is struggling to pay the enhanced interest on their outstanding amount. While the bank is offering loan to new customers @ 10.15%, old customers with floating rates are paying nearly 13% interest now. 
There is some good news for them ! SBI offers a switch over facility for old customers. They can switch over to the new attractive rate of interest by paying a nominal one time fee of 0.56% of the outstanding loan amount. Then they will be charged @10.10% for women and 10.10% for others.
So let's act fast before the offer expires ! Contact your servicing branch or SBI RACPC, fill up a simple switch over form, pay the fee (0.56%) and enjoy the benefit.