Demonetisation: ATMs across the country to reopen Friday, banks to function on weekend

People will heave a sigh of relief as ATMs across the country will reopen on Friday. ATMs remained closed for two days after PM Narendra Modi announced the demonetisation of Rs 1000 and Rs 500 notes on Tuesday.

People were struggling to get their old Rs 500 and Rs 1,000 currency notes exchanged at bank counters across the country. Long queues were seen outside banks as they opened after a day’s off.

New high-security Rs 500 and Rs 2000 Currency Notes will be available in ATMs from Nov 11.  However withdrawals are limited to Rs 2000 per day.

All banks will remain open for public on Saturday, November 12 and Sunday, November 13 after government demonetised Rs 500 and Rs 1000 notes on Tuesday night.

Public can deposit any amount of the invalid currency till December 30 and also exchange them for lower banknotes at special counters at banks and post offices till November 24 but with a limit of Rs 4,000 in a day.