• user-img

    Vikshita Vitthal Gujaran in News

    23-May-2023 06:19 AM


    You can start exchanging Rs 2,000 notes from today: Here's all you need to know

    Citizens can exchange or deposit Rs 2,000 notes in their possession starting today, as directed by the Reserve Bank of India, which withdrew them from circulation last week.

    RBI Governor Shaktikanta Das said there is no reason for people to rush, adding that the exchange or deposit facility for Rs 2,000 notes will be open till September 30, 2023.

    A separate circular has also been issued by the RBI to all banks across the country to carry out the exchange/deposit process seamlessly, without causing an inconvenience to the public.

    As the exchange/deposit facility for Rs 2,000 notes opens from tomorrow, here are some important FAQs that will make the task easier.

    “Members of the public may approach bank branches for deposit and/or exchange of Rs 2,000 banknotes held by them,” the RBI said.

    The central bank added that the facility for depositing into accounts and exchanging Rs 2,000 notes will be available at all banks till September 30, 2023.

    Source - India Today