What to Do If You Have ₹2,000 Notes and How to Exchange ₹2,000 Notes
The Reserve Bank of India (RBI) has announced that it will be withdrawing ₹2,000 notes from circulation. This means that you will need to exchange or deposit your ₹2,000 notes by September 30, 2023. This blog post will explain what you need to do if you have ₹2,000 notes. The Reserve Bank of India (RBI) announced on May 19, 2023 that it will be withdrawing ₹2,000 notes from circulation. The notes will remain legal tender until September 30, 2023 , after which they will no longer be valid. People who have ₹2,000 notes can exchange them for lower denomination notes at any bank branch or RBI office. There is a limit of ₹20,000 that can be exchanged per person per day. Those who do not exchange their ₹2,000 notes by the deadline will be able to deposit them in their bank accounts. However, they will not be able to withdraw the notes from their accounts after September 30, 2023. The RBI has said that the withdrawal of ₹2,000 notes is being done as part of its "Clean Note Policy" ....