Another major choice following demonetisation, demonetisation?
The bank will not give you the same coin back.
According to the icici bak notification, after demonetization, 50 paise and 1 rupee old coins may no longer be in circulation
The 1 rupee and 8 annas coins consisting of copper and nickel
This information was made public through a notice posted in an ICICI BANK branch. Meanwhile, no formal information has been provided by the RBI.
ICICI Bank in New Delhi has put this notification. As a result, some coins should not be reintroduced into circulation
The Reserve Bank of India will collect these coins from all banks.
These coins date from the 1990s and 2000s. Such coins will not be re-issued as per the notice given by the bank and as per direction of RBI.