Do old notes have value?

If you have notes of Indian currency with certain features, then you have the chance to earn anywhere from Rs 1 lakh to Rs 5 lakh as some currency notes and old coins are considered very valuable for some special reasons and they have more value.

How can I change old notes in RBI?

All these notes can be exchanged at the counters of any public sector bank branch, any currency chest branch of a private sector bank or any Issue Office of the Reserve Bank of India. There is no need to fill any form for doing this.

Which Indian note is valuable?

There is a one rupee note that is listed for Rs 45,000 online. This unique note has the signature of former Reserve Bank of India (RBI) governor HM Patel. A 100 rupees note with serial number 000786 is being sold for Rs 1,900 online.

How can I sell my old notes?

Old coins and notes are now sold/auctioned on multiple online platforms like OLX, Quikr, eBay, IndiaMart, Coinbazaar.in. If you have a hobby of collecting old coins and notes then you have a good chance to earn lakhs of rupees by sitting at home.

Is RBI accepting old notes now?

The old currency notes of Rs 500 and Rs 1000 can now only be exchanged at the offices of the Central banks.

Does RBI buy old coins and notes?

Cautioning the general public “not to fall prey to fictitious offers of buying/ selling of old banknotes and coins,” the RBI said the central bank does not deal in such matters, and “never seeks charges/ commissions of any sort.”

What is the value of old paper money?

Worn bills could be worth $100 or more for $20 bills, $250 or more for $50 bills, $1,000 or more for $100 bills, $2,500 or more for $500 bills, and $2,000 or more for $1,000 bills. Confederate Issues are bills issued during the Civil War (1861-1865).

What is the value of 1 rupee in 1947?

3.30
So one rupee was equal to 64 pice (paisa) and 192 pies as 1 Pice was equal to 3 pies In 1957, decimalisation occurred and the rupee was divided into 100 naye paise (Hindi/Urdu for new paisas)….Valuation history.

Year	Exchange rate (INR per USD)
1947	3.30
1949	4.76
1966	7.50
1975	8.39