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Exchange of Old Design Banknotes
As per instructions of State Bank of Pakistan (SBP) the old design banknotes of Rs. 10, 50, 100 and 1000 will cease to be legal tender with effect from December 01, 2016.
Old design banknotes will be exchangeable with the new design banknotes and coins of all denominations from branches of Commercial Banks and SBP BSC Offices upto November 30, 2016 only.
However, SBP BSC Field Offices will continue to accept the old design banknotes from general public upto December 31, 2021.