Rs 1000 and Rs 500 notes will no longer be legal from Nov 8 midnight: PM Modi November 15, 2018November 8, 2016 by rajasinghmurugesan People friendly measures to minimize inconvenience Rs 1000 and Rs 500 notes will no longer be legal from Nov 8 midnight: PM Modi For 72 hours. Governrnent hospitals will continue to accept old Rs 500 & Rs 1000 notes for payment.