As you may already beaware, as per
Directive from Govt. ofIndia and RBI, old
Rs.500 and Rs.1000currency denominations
-Specified BankNotes(SBN)- are no longer
legal tender and henceare not to be accepted
at retail outlets byRetailer and Distributor.
You are requested donot accept the above
mentioned SBNs from customersor Entities.
My Recharge does notaccept any liabilities
arising out of suchacceptance of SBNs which
are no longer legaltender. Any liabilities imposed
on My Recharge by thecompetent authorities,
due to such acceptanceof illegal SBNs by Retailer,
Distributor will berecovered in full without any
prior notice or priorintimation.
My Recharge also does not accept or has not
authorized any cashdeposits in to My Recharge
designated bank accountfor wallet balance
updates, where suchdeposits are made in
SBN currencydenominations. Such payments,
if made, will not beupdated in wallet balance
and will not berefunded. As per Govt/RBI directives,
for cash deposits inSBNs to be made into
third party (in thiscase my Recharge Pvt Ltd)
bank accounts, specificprior written
authorization isrequired from the third party.
We thank you in advance for your
cooperation in adheringto the above
Directives from theGovernment/RBI and
regret anyinconvenience that may be caused.
My Recharge Pvt Ltd