i have a question about the new 2000/500 notes... is it true that banks refuse taking notes which have pen marks on them? local shops around my place would not accept notes if there is anything written on them with a pen. all of them say that banks reject these notes when they try to deposit them. i kind of find this idiotic. i have only read about the problem with stapled notes.
i was more curious about rbi's policy. does the note become invalid if there is something written on it with ink! because this has become a major annoyance here. i have to check every single note on both sides for potential ink marks. not possible always!
During early days of demon, notes were not accepted even with slight pen mark on them. some idiot wrote his name and phone number on 2k note and it was rejected by sbi,hdfc and canara bank. But now, they're accepted without any problem