Top

2 TN sisters stunned to discover Rs 46,000 of their savings are now banned notes

The sisters, who were doing petty jobs, were not aware of the demonetisation drive in November 2016, relatives said.

Coimbatore: Two septuagenarian sisters from Tirupur did petty jobs and hoarded money for 10 years, but are bewildered now that their savings, totalling Rs 46,000, are of little use as the government had demonetised Rs 1,000 and Rs 500 currency notes three years ago.

Thangammal, 78, and Rangammal, 75 — both from Pumalur in Tirupur district of Tamil Nadu — had set aside this money for their medical treatment and funeral.

The matter came to light when the two developed health problems and told their relatives they had saved some money for their treatment.

However, when they brought out the currency notes, the relatives found to their dismay they were demonetised notes, in Rs 1,000 and 500 denominations. Rangammal had saved Rs 24,000 while her elder sibling Thangammal Rs 22,000.

The sisters, who were doing petty jobs, were not aware of the demonetisation drive in November 2016, relatives said.

Catch the latest news, live coverage and in-depth analyses from India and World. Follow us on Facebook and Twitter.

Next Story