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Last Updated Monday December 14 2020 02:36 AM IST

Demonetized notes continue to flow in to Tirumala temple

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Tirupati: Demonetized currencies continued to pour into the 'hundi' of the famous hill shrine of Lord Venkateswara at nearby Tirumala and about Rs 1.7 crore worth such notes have been deposited in the last 11 days ending Tuesday, temple sources said. 

The highest amount of demonetized notes found in the 'hundi' was Rs 44 lakh on December 31 last year, the next day of the 50-day deadline to deposit the junked currency in banks or post offices, a senior temple official said.

Read also: Kerala to give Rs 2L for demonetization 'victims'

"It appears to be astonishing that even after the 50-day deadline for depositing the demonetized notes in banks or post offices across the country ended on December 30, devotees continued to deposit such notes along with valid notes as offerings in the hundi of Lord Sri Venkateswara temple that attracts about 2.6 crore devotees every year from across the world," he said. 

"The uninterrupted flow of defunct cash into the hundi has amounted to a total of about Rs 1.7 crore during the last 11 days ending on Tuesday," he said.

On New Year's day also the hundi had netted about Rs 31 lakh of defunct notes, he said.

It was expected that the flow of the demonetized cash into the hundi would further come down in the coming days, he said. 

He, however, declined to comment on the fate of defunct currency notes in kitty of Lord Venkateswara. 

Daily on an average, the hundi at the shrine has been netting about Rs 2.8 crore in the form of cash besides gold and other precious offerings, he said. 

The annual cash offerings of the hundi in the just ended calendar year have even crossed Rs 1,000 crore, he said.

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