Quick Summary
The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation videPress Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of ₹2000 banknotes is periodically published by the RBI. The last press release in this regard was published onSe
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FAQ :
As of September 30, 2024, 98% of the Rs 2,000 banknotes that were in circulation have been returned.
The total value of Rs 2,000 banknotes in circulation was Rs 3.56 lakh crore when the withdrawal was announced on May 19, 2023.
At the close of business on September 30, 2024, Rs 7,117 crore worth of Rs 2,000 banknotes remained in circulation.
You can exchange or deposit Rs 2,000 banknotes at the 19 RBI Issue Offices. You can also send them via India Post to any RBI Issue Office for credit to your bank account.
The facility for deposit and/or exchange of Rs 2,000 banknotes at all bank branches across the country ended on October 7, 2023.
Yes, the Rs 2,000 banknotes continue to be legal tender.
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