Hundi (cash collection box) explained

A hundi is a collection box used in Indian temples to collect cash offerings from devotees.[1] During the 2016 demonetisation of high-value Indian banknotes, there were concerns that the discontinued Rs 500 and Rs 1,000 notes could be hidden in hundis, where monitoring isn't as stringent.[2]

Notes and References

  1. Web site: Defunct notes worth Rs. 44 lakh found in temple hundi . thehindu.com . 2016-12-02 . 2016-12-22.
  2. Web site: Black money in scrapped currency could be heading to religious places . hindustantimes.com . 2016-11-14 . 2016-12-22.

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