Have soiled, torn or damaged currency notes? Check RBI guidelines...

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Have soiled, torn or damaged currency notes? Check RBI guidelines for exchange

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The Reserve Bank of India has established guidelines for exchanging damaged currency notes, ensuring that individuals don't face financial losses due to soiled, mutilated, or severely damaged notes. Banks are mandated to accept these notes, with refunds depending on the extent of the damage, and severely damaged notes require RBI evaluation.

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