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What happens when the notes and coins return from circulation?

April 26, 2017circulation Coins happens notes Return

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What happens when the notes and coins return from circulation?

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Notes and coins returned from circulation are deposited at the offices of the Reserve Bank. The Reserve Bank then separates the notes that are fit for reissue and those which are not fit for reissue. The notes which are fit for reissue are sent back in circulation and those which are unfit for reissue are destroyed after processingshredded. The same is the case with coins. The coins withdrawn are sent to the Mints for melting.