Excelsior Correspondent
JAMMU, Jan 29: A coin and note exchange fair organized by the UCO Bank Currency Chest Raghunath Bazar at its Mishriwala Branch, was held here today.
The fair was supported by Reserve Bank of India as an initiative to provide a convenient platform for people to exchange old, soiled and damaged currency notes and coins.
The main objective of the fair was distribution of Fresh notes and coins of all denominations.
During the event, approximately 110 attendees exchanged their currency for new notes and coins of Rs 11.00 Lakh (approx.)
In the fair, RBI Jammu officials educated attendees on the Note Refund Rules and Clean Note Policy, highlighting the guidelines for handling and exchanging currency.
They also briefed participants on the security features of currency notes and the process for exchanging damaged currency, empowering them with essential knowledge to navigate financial transactions confidently.
Among others who were present during the fair included, officials from RBI, UCO Bank AGM Santosh Kumar, Currency Chest In-charge Vijay Kumar, Narinder Singh and UCO Bank Branch Head Mishriwala Branch Nitin Sharma.
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