SBI customers can exchange damaged/soiled currency notes for free!

Customers of the State Bank of India can exchange old or damaged currency notes at the SBI branch. The bank offers a free exchange of up to 20 soiled currency notes with a total value of up to 5,000 rupees. For exchange of more than 20 notes, customers will have to pay Rs 2/piece on all soiled notes to be exchanged, plus GST. For the tender value of more than 5,000 rupees, the bank will charge Rs 2/note or Rs 5/per thousand rupees with GST (whichever is greater).

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