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National Bank Refuses to Accept Coins from Businessman

2017-07-05 Wed

A stationery shop owner named Abhijit Roy in Balurghat recently lodged a complaint with local police against a national bank for not allowing him to deposit Rs 2,400, all in Re 1 and Rs 2 coins. The Branch officials asked him to come back with currency notes instead and did not give any valid explanation for not accepting the coins. The businessman received packs of coins from his customers during demonetisation when people were finding it difficult to dispense new currency notes.

Bank officials asked him to meet the branch manager who did not entertain him as well. People requested him to receive coins during demonetization and he had accepted these coins to help them out. Now the bank is refusing to accept these coins. The district police started its investigation and found out that shopkeepers in the markets and roadside outlets do not accept coins of Re 1 and Rs 2. Shopkeepers also refuse to accept coins by saying that these coins will be soon be demonetised.