The deadline for returning or exchanging currency notes with a value of 2,000 yen is today. The currency would lose its value as of october 1 and become simply another piece of paper, according to the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW">reserve bank of india (RBI). This occurs four months after the central bank said that 2,000 note notes will no longer be in use.
Can you use the ₹2,000 note after today's deadline?
Reportedly, while the R,2000 currency note will remain legal tender even after the september 30 deadline, they will not be accepted for transactions. Post the deadline, the notes can only be exchanged with the RBI.
How to exchange ₹2,000 notes?
Till september 30, the ₹2,000 currency notes can be exchanged at 19 regional offices of RBI or any nearest bank branches.
1. Visit your nearest bank or any RBI's regional office.
3. Fill out the ‘request slip’ for exchanging or depositing the discontinued notes.
4. Fill in your details including your Unique Identification Number like Aadhaar, driving license, voter ID card, passport, or NREGA card.
5. Fill in the details of how many notes you will be submitting.
Can you use the ₹2,000 note after today's deadline?
Reportedly, while the R,2000 currency note will remain legal tender even after the september 30 deadline, they will not be accepted for transactions. Post the deadline, the notes can only be exchanged with the RBI.
How to exchange ₹2,000 notes?
Till september 30, the ₹2,000 currency notes can be exchanged at 19 regional offices of RBI or any nearest bank branches.
1. Visit your nearest bank or any RBI's regional office.
3. Fill out the ‘request slip’ for exchanging or depositing the discontinued notes.
4. Fill in your details including your Unique Identification Number like Aadhaar, driving license, voter ID card, passport, or NREGA card.
5. Fill in the details of how many notes you will be submitting.
Notably, there is a cap of 20,000 on the total number of 2,000 note exchanges for lesser denominations. Since May, around 93 percent of the currency notes have been returned to the financial system, according to information provided by the RBI on september 1. It stated in a statement that, based on information collected from the banks, the total value of 2,000 banknotes recovered from circulation up to august 31, 2023, was 3.32 lakh crore.
