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Even before the banks in Jalandhar opened Thursday, long queues could be seen outside them, which continued till the evening with people lining up to exchange the banned Rs 500 and 1,000 currency notes following their demonetization since Tuesday midnight.
Among the cross-section of people were also labourers clutching 2-3 notes of Rs 500. On their toes, bank officials were at pains to convince those not having an urgent need for cash to come later, but no many were ready to listen.
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Almost all the banks had set up around 15 to 20 additional counters for receiving old notes, making payments and exchanging notes. The banks worked till 7 pm and will remain open during the weekends too.
There was a huge rush of women too in all the banks.
In Punjab National Bank (PNB), around Rs 7-8 crore was received while around Rs 1 crore notes were exchanged till the evening.
“Nearly 250-300 women also visited the bank since morning, most of them housewives who had saved some amount for domestic expenditure,” said a PNB official. In State Bank of India (SBI) too, several extra counters were set up. Here, even NRIs had come to exchange notes.