Oil companies to accept Rs 500, Rs 1000 currency notes till Nov 11

Excelsior Correspondent
JAMMU, Nov 9: The Public Sector Oil Marketing Companies – Indian Oil Corporation Ltd, HPCL and BPCL today said that their retail outlets including petrol/CNG stations and LPG distributorships across the country would continue to accept Rs 500 and Rs 1000 currency notes for all fuel and related product purchases till the midnight of November 11.
“We reassure the customers regarding continuous and sustained availability of all petroleum products across the country. The customers are also requested not to unnecessarily stock up petroleum products and purchase quantities to fulfill their immediate/routine needs only,” a joint statement issued by the three oil companies said.
“We make a fervent appeal to all customers to extend full cooperation to ensure a smooth transition to the new currency system,” it said.

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