Industry demands SBP to extend old Rs500 bills

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The representatives of business community have requested to State Bank of Pakistan (SBP) to extend the last date of acceptance of the old denomination of Rs500 for at least three years. In a statement, the Patron In-Chief Korangi Association of Trade and Industry S M Muneer, Chairman Ehteshamuddin and Vice Chairmen, Hasham A. Razzak and Tariq Malik have requested to SBP’s Acting Governor, Yasin Anwar to withdraw SBP notification of cancellation of old 500-rupee banknotes under which the old denomination stands cancelled and no one can exchange it with new Rs500 note.
The industrialists took the plea that a large number of poor people are still holding these old notes as they were not aware of the SBP’s deadline. “People are facing huge difficulties due to the non-acceptance of old Rs500 note, as most of them were not aware of its cancellation” said KATI chairman Ehteshamuddin.

14 COMMENTS

  1. It should be done in the larger interest of the country and the poor as well as people who have taken some notes to the foreign countries for the sake of convenience on theri return to the country at the airports and places they usually keep some amount of Pkaistani Money with them. They are also facing such difficulties.. Many people did not know about the deadline date.. It must be extended..

  2. please increase the deadline for 500 notes it is good for the poor people of Pakistan.please inform me that at which date i can change the old 500 notes through my E.mail

  3. State Bank should extend the date for poor people and with his promise (Hamal Haza Ko Matalaba per Ada Kiya Jaya Ga) is also written on the 500 rupee bill. State Bank should keep his promise.

  4. old 500 not ki tarekh barhni chaye dehat ke boht se masoom sheri apne not chang nahi karwa ske sbp ko un ki madad karni chahye ku k vo pakistani he or karanci bhi pakistani la ilmi ki itni bahri saza na den unhe apeel all pakistani insan dost to forweard apeel pleezzzzzzzzzzzzzzzz

  5. bigher saiz 500 not chang to new date demand sbp govarnar apeel to all pakistan pleez help people yaseen anvar pleez help

  6. me apeel karta ho jo date per apni raqam bara not 500 tabdil nahi kara ske hen unki help kare new date de kar apeel hakumat pakistan istate bank ko

  7. pleez madad kare big not 500 ki new date dobara se den kia awam k sub mutalbe khud sozi per honge way help me all muslim

  8. thanks to pakistan seanet member awami isho big 500 not demand to new date thanksssssssssssssssssssssss

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