New Bank Notes for Dashain Being Distributed from Today
October 16, 2023 | Investopaper
For the special occasion of Dashain festival, Nepal Rastra Bank (NRB) is going to provide new bank notes exchange facility from Ashwin 29, 2080 BS..
In the Kathmandu Valley, individuals can obtain new notes through the Money Management Department under Nepal Rastra Bank or designated branches of various commercial banks. Commercial banks will acquire these new notes from Rastra Bank to facilitate the distribution of new currency.
If you’re outside the Kathmandu Valley, you can visit either the state office of the Nepal Rastra Bank or a local branch of a commercial bank to exchange your notes.
One can exchange new bank notes equivalent to Rs. 18,500 per person.
The exchangeable banknotes will be in the bundle of Rs. 5, Rs. 10, Rs. 20, Rs. 50 and Rs. 100.
During the Dashain festival, the demand for new bank notes remain high as new notes are used for Puja and Dakshina.
