UP: When Everyone Is Facing Shortage Of Rs 50, Rs 100 Notes, He Deposited Notes Of Smaller Denominations

The Logical Indian

November 15th, 2016

UP Man Deposited Smaller Denomination Notes

Source: Dainik Jagran

After the government declared the ban on Rs 500 and Rs 1000 notes, long serpentine queues outside banks and ATMs don’t seem to end. While people are exhausted in these long lines to get new currency notes, a resident of Saharanpur, Uttar Pradesh waited for his turn to submit small denomination currency notes.

Shivkumar, a resident of Saharanpur, Uttar Pradesh waited in the long queue outside Punjab National Bank situated at Delhi Road, Saharanpur, where he has an account. When it was his turn at the cash counter, he deposited Rs 3000 in small currency notes. At a time when many banks are facing the shortage of small denomination currency notes, and bankers are under a lot of stress to ensure all the transactions are processed as fast as possible, this gesture was unexpected and surprising. The cashier very understandably gave Shivkumar a standing ovation. The manager too appreciated this deed and helped Shivkumar fill the form in his chamber.

“I saw the news on television that there is a scarcity of money in bank. We had Rs 6000 in the small denomination. We left enough money at home to sustain us for three months. I came to deposit the change here. I have kept half amount of Rs 3000 with my family and came to deposit the rest of the money at the bank so that it reaches the person who needs it. By the time I will need money, I am sure the situation will be fine, and I will be able to withdraw from my account” says Shivkumar as reported by Dainik Jagran.


The Logical Indian appreciates the gesture shown by Mr Shivkumar. This altruistic act shows that there are always people who believe in being the silver lining over a dark cloud.

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