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Bhopal :Dead man leaves behind Rs. 50,000 in old notes, RBI refuses to accedpt

| | Jan 20, 2017, at 08:50 pm
Bhopal, Jan 20 (IBNS) : The Reserve Bank of India has refused a man’s request to accept Rs 50,000 in demonetised notes left to him by his dead father, a CNN-News 18 report says.

According to reports, Mastan Singh Maran from Bhopal even produced certificates ranging from hospital bills to death certificate of his father at the RBI branchbut the officers denied accepting the old notes saying only NRIs now are eligible for exchanging old currency notes now as per guidelines.

Mastan’s father, 93-year-old Shivcharan Singh Maran, died of old age on December 26, 2016.

The family was cleaning his room after last rites when they found Rs 50,000 in Rs 500 old notes hidden in the cupboard. The family claimed that Shivcharan had lost memory before he died so perhaps he forgot to tell anyone about the cash he had with him.

Mastan after recovering the cash reached the local RBI branch in the city with the old notes and requested officers posted there for exchanging them with the new currency. The officers, however, declined accepting those notes.

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