THE COSMOS cooperative bank has extended its cash counter timings from Thursday specifically for exchange of demonetised currency notes, Rs 500 and Rs 1,000. “An express counter has been created at specific branches wherein cash above Rs 25 lakh can be deposited by the existing clients of the bank,” said bank chairman Milind Kale.
While exchanging the demonetised legal tender, a declaration form needs to be duly filled up and signed by the depositor with details of the currency. The depositor also needs to submit self-attested proof of id.
The Cosmos Bank has currency of Rs 20 crore in the the new notes of Rs 2,000 denomination and Rs 20 crore in Rs 100 denomination notes.