Exchange Your Coins (25 paise and below) Before 1st July 2011
Government of India has decided to withdraw coins of denomination 25 paise and below from circulation with effect from 1st July 2011 in exercise of powers under Coinage Act of 1906. These coins will not be treated as legal tender with effect from this date. RBI Instructions Regarding Coins of Value 25 Paise and Below is posted here with the list of banks where exchange can be done.
RBI Instructions Regarding Coins of Value 25 Paise and Below
Government of India has decided to withdraw coins of denomination 25 paise and below from circulation with effect from 1st July 2011 in exercise of powers under Coinage Act of 1906. These coins will not be treated as legal tender with effect from this date.
In order to enable the public to dispose off coins in their possession, the Reserve Bank of India has directed Banks to arrange for the exchange of these coins at face value at their branches. This can be done at any branches of the banks listed below till the close of business on 30th June, 2011.
Coins of value 25 paise or below will not be accepted after this date.
List Of Banks
Allahabad Bank
Andhra Bank
Bank of Baroda
Bank of India
Bank of Maharashtra
Canara Bank
Central bank of India
Corporation Bank
Dena Bank
Indian Overseas Bank
Indian Bank
Oriental Bank of Commerce
Punjab and Sind Bank
Punjab National Bank
State bank of India
Syndicate Bank
UCO Bank
Union Bank of India
United Bank of India
Vijaya Bank
State Bank of Bikaner and Jaipur
State Bank of Hyderabad
State Bank of Mysore
State Bank of Patiala
State Bank of Travancore
IDBI Bank Ltd.
ICICI Bank Ltd.
Tamilnad Merchantile Bank Ltd.
The Dhanalakshmi Bank Ltd.
The Federal Bank Ltd.
The Catholic Siriyan bank Ltd.
The HDFC Bank Ltd
The Jammu and Kashmir Bank Ltd.
The Karur Vysya Bank Ltd.
The Laxmi Vilas Bank Ltd.
The South Indian Bank Ltd.
ING Vysya Bank Ltd. Bank
Standard Chartered Bank
Prathama Bank Ltd.
City Union Bank
AXIS Bank Ltd.
Karnataka bank Ltd.
Tripura Gramin Bank
The Nainital Bank Ltd.
The Rajasthan State Cooperative Bank Ltd.
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