tag:blogger.com,1999:blog-5974677.post6192481237784794147..comments2023-10-09T18:12:29.276+07:00Comments on Agelessbonding: Demand for changeUshahttp://www.blogger.com/profile/00179239922869639391noreply@blogger.comBlogger37125tag:blogger.com,1999:blog-5974677.post-7512901526204289972009-12-17T14:41:34.486+07:002009-12-17T14:41:34.486+07:00Even few banks are reluctant to give change for a ...Even few banks are reluctant to give change for a 500 rs note..Today, I visited the ING Vysya Bank(Kolar, Karnataka) where I hold an account with and requested for change..I had given the cashier 2- 500 rs notes and wanted in 10 - 100 rs notes..<br /><br />He refused to give saying that they didnt have any notes in the bank..Did he mean that hey didnt have any notes or just he didnt want to give me change..<br /><br />If the bank doesnt have any currency notes, then why is it kept open for the day!!Its totally ridiculous..<br /><br />I will be going again tomorrow to try to get change .Lets see what excuse he gives me next..TOMhttps://www.blogger.com/profile/10820084537323349314noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-69558610041677988182009-12-03T12:54:47.908+07:002009-12-03T12:54:47.908+07:00A lot also depends on the mindset. With autos and ...A lot also depends on the mindset. With autos and florists in India, I find them thinking - these people can afford it why not? It irks me because I should get to decide what I can afford to let go, not some random person I happen to do business with!<br /><br />Having said that, it is a genuine problem and pretty soon, India is going to have to come up with rupee changers. Ex: there are machines in public transit terminals in the US where a $20 bill is taken in, and four $5 bills are given back.nourish-n-cherishhttps://www.blogger.com/profile/09626632601415452813noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-59892636305008064592009-11-25T02:03:58.208+07:002009-11-25T02:03:58.208+07:00maybe this situation is in bigger cities only! In ...maybe this situation is in bigger cities only! In my city there is no problem of getting smaller denominations and as for coins I keep a lot of them always. I hate getting candies instead of change! <br />One more reason behind people avoiding 500 rs maybe be the increased penetration of forged notes in India.Reemahttps://www.blogger.com/profile/13491748504763527697noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-88821525771432520412009-11-25T02:03:55.995+07:002009-11-25T02:03:55.995+07:00maybe this situation is in bigger cities only! In ...maybe this situation is in bigger cities only! In my city there is no problem of getting smaller denominations and as for coins I keep a lot of them always. I hate getting candies instead of change! <br />One more reason behind people avoiding 500 rs maybe be the increased penetration of forged notes in India.Reemahttps://www.blogger.com/profile/13491748504763527697noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-7622224152957877772009-11-22T03:42:45.951+07:002009-11-22T03:42:45.951+07:00Abnother point to prove that we Indians need lot m...Abnother point to prove that we Indians need lot more self control :P<br />I was particularly interested in that auto walla part , where you have mentioned that for 25 Rs , the auto walla would round it off too 30 Rs<br />Trust me,here at chennai, not even in my wildest dream i could travel to a any place for 25 Rs(even to my neighbours house) ! I wish we had meter system here as well :(Karthik Kamal Balasubramaniamhttps://www.blogger.com/profile/04096066099272494818noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-14875561962887817732009-11-20T17:51:32.069+07:002009-11-20T17:51:32.069+07:00Nice post again.
Not sure if this is the problem ...Nice post again.<br /><br />Not sure if this is the problem when we go to new shops where they don't recognize us. Recently, I was buying vegetables from our usual shop and asked him to pack me the coriander and karibevu and he quickly updates me that my Father in law just took it few hours back during his evening walk. I was pleasantly moved with his gesture and these people many a times gives us option to pay later.<br />These small shop guys trust us more than the bigger ones. I remember once I had missed my purse and I realised it after I filled the fuel in a petrol bank and I had to request the petrol bank fellow to allow me to bring the purse and I had mortgaged my precious titan watch for this.<br /><br />Luckily, my father had this habit of keeping all these change in some place and my mother has them in plenty for such expenditures and this habit has got us away from this change problem. Now that I have the "golaka" for my son, sometimes I end up taking out smaller denominations from the backdoor of his savings box :-) :-)Veena Shivannahttps://www.blogger.com/profile/05732107171313241385noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-30067083423939335922009-11-18T20:44:36.860+07:002009-11-18T20:44:36.860+07:00JLT: Your boss is probably the guy that scene was ...JLT: Your boss is probably the guy that scene was based on. Nice strategy tho. But I guess you should carry change for 500 and give it to him to pay one of these days!<br /><br />Parvathi: you are lucky in Hyderabad. Even this morning I got a couple of lemons in lieu of change!<br /><br />Bangalore mom: yes, it is the attitude that bothers me whatever be the amount.<br /><br />sk: we have some shops where they round up or down. I was pleasantly surprised when my grocer waived 2 rs because I did not have change!<br /><br />Lekhni: Yes ATMs dispense 500s or 100s. I am not sure if we have ATMs which dispense lower denominations. I think they load the machine once a day and using smaller denominations would mean loading it more often.<br /><br />Stephenson: I have started carrying a coin pouch too. <br /><br />Hipgran: It seems there are many sides to the coin now!<br /><br />Debjani: Torn notes are a problem everywhere.<br />Now I dont know if I should feel good or bad that this happens in france too! :)<br /><br />IHM: I never seem to have enough coins. And the parking guy here is one person who always seems to be able to change 100 or even 500. Wonder how much he makes per day.<br />As for the restaurant guy's refusal, it wasn't right but arguing with him would have meant waiting till he made enough business to change my note and by then I would have lost all my appetite!<br /><br />Abha: There are times when I am willing to forego a couple of rupees but never with the auto guys.<br /><br />teendudes: I have faced that too.Ushahttps://www.blogger.com/profile/00179239922869639391noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-38320617520572954382009-11-16T17:53:22.370+07:002009-11-16T17:53:22.370+07:00This case is even worse when they dont give a chan...This case is even worse when they dont give a change for ten rupees in city buses. For a change, this change is changing our life sometimes!!!!teendudeshttp://www.outofthemold.comnoreply@blogger.comtag:blogger.com,1999:blog-5974677.post-27420557268795820312009-11-16T17:26:39.887+07:002009-11-16T17:26:39.887+07:00ah! the eternal pain of the changeless purse! its ...ah! the eternal pain of the changeless purse! its soo annoying!<br /><br />i usually havent had too much trouble except ofcos with the auto guys! there are such few occasions when traveling by auto when i havent had to fight either about the fast meter or lack of change!!!<br /><br />and why am i wrong to ask for my 3rs back anywayz?! gah!!! <br /><br />and agree with Art. those are the MOST annoying times when they dont have change till you buy something from em!<br /><br />cheers!Mama - Miahttps://www.blogger.com/profile/06330103540647472728noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-62873989915984878872009-11-15T02:44:53.207+07:002009-11-15T02:44:53.207+07:00The restaurant refusing to give change and breakfa...The restaurant refusing to give change and breakfast was wrong! I am sure they could have organised it from somewhere, generally they ask another customer - if they don't have.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5974677.post-1881545009117425462009-11-15T02:39:35.177+07:002009-11-15T02:39:35.177+07:00Although I have faced this problem in the past, I ...Although I have faced this problem in the past, I find most shop keepers are kinder to old and regular customers. We have a whole lot of shops who home deliver our grocery, dosas (yes!), three apples or six bananas or a single strip of disprin or an ad gel refil, and I can tell them to bring change for rupess 500/-. They bring the change or else they ask us to pay later. <br /><br />Sometimes there are so many coins collected that I pay 100 rupees in one, two and five rupee coins to just finish the coins. My kids find this embarrassing.<br /><br />And then, the day I have to pay Rs 5 for pay and park, there is no change :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5974677.post-64351022608482391642009-11-14T00:45:37.095+07:002009-11-14T00:45:37.095+07:00Dear Usha,
Thank you for the post. In addition to...Dear Usha,<br /><br />Thank you for the post. In addition to the reluctance to hand over change, shopkeepers and bus conductors in Kolkata also refuse to take slightly older (but not torn) notes! Didn't see that happening in Bangalore.<br /><br />And, just to keep the record straight, I should add that it happens outside of India as well. I have been shortchanged a few times in France (at the cafe near my place of stay) when I was not yet familiar with the coins. <br /><br />-DebjaniDebjaninoreply@blogger.comtag:blogger.com,1999:blog-5974677.post-81010545982517003492009-11-13T18:47:34.808+07:002009-11-13T18:47:34.808+07:00ou must not be harsh on the baker's and restua...ou must not be harsh on the baker's and restuarant guys. No one feels safe accepting a 500 rupee note.fake notes are flooding the market and if the poor man has to check on its authenticity all the time his business would suffer.<br /><br />As for coin shortage, i've heard that a sinle 0ne rupee coin can be melted and made into a dozen steel blades for shaving purposes and fetches more money. This is a flourishing industry in Nepal. It could be the same in Argentina too.I know a petty vendor of paan paraag who gives a ninety rupees as coins and gets back 100 rupees as currency notes. There are two sides to a coin or so they say.Hip Grandmahttps://www.blogger.com/profile/16891699611146003601noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-25464753352182537322009-11-13T14:12:01.245+07:002009-11-13T14:12:01.245+07:00Usha, the latest 5 rupee coins are a shiny golden ...Usha, the latest 5 rupee coins are a shiny golden and look nice. I think they have stopped manufacturing the 5 rupee notes, for a while now. As far as the change goes, I always ensure that I keep spare change in the pouch of my bag and use these only in exceptionally urgent circumsatnces. (You can always act as if you suddenly remembered that you have coins in the bag, and applies well to rickshaw wallahs) And of course I refill the coins whenever possible, ensuring that they never reach below the benchmark of 10 rupees in all. It works for me, u shud try it too.S.V.https://www.blogger.com/profile/06762172890083391079noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-79844528873521017532009-11-13T06:00:07.874+07:002009-11-13T06:00:07.874+07:00This problem arises because ATMs dispense Rs 500 n...This problem arises because ATMs dispense Rs 500 notes, right? If I remember, you don't even have the option of Rs 50 notes, unlike here, where you can get $20 from the ATM.Lekhnihttp://elekhni.comnoreply@blogger.comtag:blogger.com,1999:blog-5974677.post-29309826107952247792009-11-13T03:13:49.888+07:002009-11-13T03:13:49.888+07:00I just had to comment on this one - they round the...I just had to comment on this one - they round the price down for me - my local subcontinent store in CO, USA - if the price is USD8.17, just charges me USD8; in Mumbai, Pune, sure, buying medium priced items get rounded down for me to the nearest 50 or whatever; even the peruvala just adds another peru. <br /><br />At least that's how I remember these things; rose-colored glasses or just lucky and bhola-bhala I guess.skhttps://www.blogger.com/profile/05744393408613566528noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-88297715430587789962009-11-13T00:49:49.599+07:002009-11-13T00:49:49.599+07:00Hi Usha
I have been lurking around for so many ye...Hi Usha<br /><br />I have been lurking around for so many years but HAD to comment on this one. I have this BIG grouse against people who refuse to give me small change pretending as though it were no big deal. Autodrivers, shopkeepers, roadside vendors. My enmity with autodrivers is long standing. So much so that I carry change even in 50 paise denomination and give them exact change. Sure, I am the recipient of a lot of ugly looks but who cares?? If the meter showed 21Rs. would they walk away with 20 bucks? Every pie is precious as far as I am concerned.BangaloreMomhttps://www.blogger.com/profile/13563621780931589842noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-6735378099287866492009-11-12T20:12:16.221+07:002009-11-12T20:12:16.221+07:00Sorry to post once again. This five hundred rupee ...Sorry to post once again. This five hundred rupee problem was there few years back.Now even a pan dabbawalh is able to give change without much difficulty and reluctance. It is not unusual to find change even with a roadside fruit vendor who sells each apple for Rs25/-. This is of course as far as Hyderabad is concerned.Parvathihttps://www.blogger.com/profile/12185826333440577723noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-34098310352529318402009-11-12T20:01:49.259+07:002009-11-12T20:01:49.259+07:00So far I have not faced this problem in Hyderabad....So far I have not faced this problem in Hyderabad. However in most commercial establishments in US I found machines who count exact returnable change and deliver.So no manual labour is involved in it.Therefore there shoul be no reluctance in dealing with coins.Though you get back your change with no pilferage, except quarters other smaller denominations are as useless as 25 or 50 Np in India.I found many Indians reluctantto transact in cash because of piling cents, and suspecting American mathematical aptitude.Most of the piled up cents are exchanged at exchange machines in wall marts for lesser value.Sometimes I wondered if smaller denominations are of no consequence why they should be in circulation.May be they are there to fecilitate their XX.99cents price tags.<br /><br />In India banks can indent and get as many small coins as they want from the Government.But disposal is becoming very difficult and strong rooms are flooded with small coin bags.Commercial establishments are being forced to take small coins in excchange of small favours.Delivering coins on individual basis is almost an impossible task for the banks with the existing fecilities.Yet we can get them in banks at certain festive seasons.<br /> In the market there is no dearth for coins. But I guess day byday the value of the metal is increasing in comparison with money value. Yet you can get gold plated Dollar coin in every Railway ticket vending machine in exchange of 20 dollar bill in US. But here You can always be rest assured with some kind of malpractise by our super enterprising brains who can make anklets with 20paise. The real value of our small coin including Rs.5 is very very negligible in terms of global metal prices.Parvathihttps://www.blogger.com/profile/12185826333440577723noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-33449320785672040032009-11-12T16:32:08.564+07:002009-11-12T16:32:08.564+07:00One of the bosses in my company goes around with t...One of the bosses in my company goes around with this 500 re note in his wallet. We joke that its the only one he's been carrying for the whole year. He whisks it out when its time to pay whatever only to turn to one of us and say - the guys doesn't have change someone pay him please... and back goes the 500/- into his wallet. Samrt guy! Till date we've never seen him pay for a ride/meal/anything!Just Like Thathttps://www.blogger.com/profile/04156108159461377932noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-37122889663707499682009-11-12T15:31:59.906+07:002009-11-12T15:31:59.906+07:00God bless the neighbourhood Nandhini outlet guy wh...God bless the neighbourhood Nandhini outlet guy who provides me with my daily bunch of 'change's along with Milk!<br /><br />try this one, it works better than asking the grumpy people at the bank. Some of the regular shops usually give back the change. So what I do is to get it from them, and keep a bunch of them in my jeans pocket for using them at places where they dont know the ABCDs of what customer satisfaction can do to their business.Ushahttps://www.blogger.com/profile/12035335987985416714noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-74907410516004326422009-11-12T15:12:19.188+07:002009-11-12T15:12:19.188+07:00I had been to Rameswaram recently and faced the sa...I had been to Rameswaram recently and faced the same predicament. Everyone in Rameswaram seemed to fret at the sight of a Rs.500 note. In one hotel, I was treated like a penniless tramp because I had nothing other than two 500 rupee notes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5974677.post-59722587039405045362009-11-12T14:23:45.634+07:002009-11-12T14:23:45.634+07:00To some extent this is a reflection of market cond...To some extent this is a reflection of market conditions and buyer-seller dynamics in India.<br /><br />It is a huge market and if one buyer goes away the seller will find a thousand more. This twisted (and unfortunate) logic is what makes some people not care about the customer. Bothering with change is one of the by-products.amreekandesihttp://amreekandesi.comnoreply@blogger.comtag:blogger.com,1999:blog-5974677.post-13619312857839461652009-11-12T14:04:32.802+07:002009-11-12T14:04:32.802+07:00Ah Change...thats one thing I fight for everyday w...Ah Change...thats one thing I fight for everyday with the rick guys in Mumbai..I agree that they may not have change early in the morning..but that doesnt mean that they are downright rude about it..now a days..I just go to the nearby chaiwala near office...and ask him to give me change...what to do..and what Art said happens to me so often...shopkeepers dont have just 'change'..they have 'item to be sold' + 'change'R's Momhttps://www.blogger.com/profile/05252099630701664622noreply@blogger.comtag:blogger.com,1999:blog-5974677.post-54038141325717962242009-11-12T11:09:03.792+07:002009-11-12T11:09:03.792+07:00My mother is an old-fashioned lady. She demands th...My mother is an old-fashioned lady. She demands that money be given in demonations of 10, 50s from the bank and does not prefer to extract it from the ATM.<br />"I dont want to be jipped by vendors or hassled by their rudeness", she says. <br /><br />Vaathiyarukku dakshanai kodukara maadiri 5, 10 vechukanum pola. Illatee nutrine candy or 1 lemon vonly!maamihttp://maami.wordpress.comnoreply@blogger.com