Do banks accept coins for deposit in India?

You are, therefore, once again advised to immediately direct all your branches to accept coins of all denominations tendered at their counters either for exchange or for deposit in accounts. 2. … A notice to this effect may be displayed suitably inside as also outside the branch premises for information of the public. 3.

Read more

Can coins be exchanged for cash in India?

The RBI Offices, where Issue Department is functioning, offer the facility to members of the public to exchange their notes including soiled and mutilated notes and coins including uncurrent or worn out coins . The Bank is committed to provide exchange facility free of cost at its counters during business hours.

Read more

Do we have 20 rupee coin?

20 rupees: The face of the coin shall bear the Lion Capitol of Ashoka Pillar with the legend “Satyemev Jayate” inscribed below, flanked on the left periphery with the word “Bharat” in Hindi and on the right periphery with the word “INDIA” in English.

Read more