Login / Signup Show Tiles Close

Mohinder Singh

OCI & old currency notes

Just found out today that I am unable to change my old Rupee currency as a OCI card holder. Only NRI are allowed to do this and i thought I was same as a NRI.
In future will have to think seriously about investing any money as we're being treated as second class citizens in Mr Modi government. This money I have is not black money it was earned by hard work. Live & learn as the saying goes. I will not be investing so I'm out. more  

Viewed by 258
View all 14 comments Below 14 comments
Brij Gupta (Technical convener - ETRWA)
Hahahaha..... Now that money is of no use even to any charity organisations or NGO. This should have been done before 31st December. more  
Mohinder Singh
Thanks Santokh for the suggestion I would gladly donate to a charity do you have one in mind who would take this money. more  
Santokhsingh SARAN
It is better to give money to charity than to loose it.

Thanks for the info.-sss

On 22 February 2017 at 00:00, Mohinder Singh <support@localcirclesmail.com>
wrote:

> more  
Brij Gupta (Technical convener - ETRWA)
No Mayur ji, I think it was just a misunderstanding on your part or other OCI's. It is like someone wants to have a cake and eat it too as he wishes. Every one wants to make money from both hands where ever possible. more  
Mayur Vora
Now we "OCIs" are put in our place as the banks have a pile of cash.
India wants the cake and eat it & classify us on need basis. We are told - "Oh NRI & OCI ,same same, but sorry the law differs?".
Finally - like Mohinder Singh says, we lost confidence in India as no difference Pre Namo. more  
View 14 more comment(s)
Post a Comment

Related Posts

    • Seeking help with the Indian Visa

      Dear External Affairs Minister Mrs. Swaraj We appeal to your good nature. I am an Indian-born US Citizen and almost all of my extended family is in India. I am married to a Ka...

      By Anurag Kabra
      /

    • Dear Members, I am a NRI, until now did not opened any NRI bank account, all of my earning send to India to my father account for saving. Kindly advise how it will consider legally, the savings are...

      By Mohamed Jafar Ali Ismail Mian
      /
    • Cousin with Cash

      My cousin in chicago is visiting india this week and he has 24500 in old cash, landing in chennai. Where should she be going to exchange the money?

      By Mukta Somani
      /
    • Ambassadors in India and abroad

      I have a suggestion. Can local circles or ministry of external affairs please invite all ambasaddors of foreign countries or their offices and india's ambassadors in foreign countries to this circl...

      By Laxmi Jindal
      /
    • RBI - APPEAL REPRESENTATION

      wrote the below appeal to RBI : From: <> Date: Sat, Jan 28, 2017 at 7:20 PM Subject: NRI CLARIFICATION Pleas...

      By Mayur Vora
      /
    • NRI/PIO/OCI - SEEK YOUR CLARIFICATION

      We are coming to Mumbai on 1st Feb to go to RBI to deposit Old Notes. SEEK CLARIFICATIONS My parents were from India. I was born in India but brought to Singapore when I was 3 month...

      By Mayur Vora
      /
    • PIO TO OCI CLARIFICATION

      I am a Singapore citizen. I am holding an OCI (converted from PIO by law). According to my bank I am a NRI. So I need confirmation that I can deposit my old notes to RBI, as under NRI rules. C...

      By Mayur Vora
      /
    • Rs25,000 only

      Rs25,000 allowed by NRI to bring into India is just too little. It should be at least 1lakh. This is the amount usually in hand. Why, becuase 1lakh in India for NrIs fly off our wallet like a bulle...

      By Mayur Vora
      /
    • NRIs and demonetisation - bikram vohra

      I think this is articulated much better by Bikram Vohra ji then I could have. Of all the absurd rules and regulations that have come out of this demonetisation exercise, the one on Mond...

      By Asha Rathi
      /
    • NRIS in fix

      There are some new rules now where NRIs before they can deposit their money need clearance from custome officials at airport. This is ridculous. If someone has 60000 of gifts money in a ...

      By Asha Rathi
      /
Share To
WhatsApp
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

About Us Press News Trending Citizen Ratings Team Career Privacy Policy Sitemap Contact Us
© LocalCircles 2019 FB Link Twitter Link
Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)
Send