Quick Summary
The Reserve Bank of India (RBI) has announced that 98.29% of Rs 2000 denomination banknotes have been returned to the banking system, following its May 2023 decision to withdraw the high-value currency note from circulation. As of June 30, 2025, only Rs 6,099 crore worth of Rs 2000 notes remain in circulation, a dramatic decline from the Rs 3.56 lakh crore recorded on May 19, 2023. Official copy of the notification has been mentioned below The Reserve Bank of India (RBI) had announced the wi
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1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
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FAQ :
As of June 30, 2025, Rs 6,099 crore worth of Rs 2000 notes remain in circulation.
98.29% of the Rs 2000 denomination banknotes have been returned to the banking system.
The RBI announced the withdrawal of Rs 2000 denomination banknotes on May 19, 2023.
The facility for exchange at all bank branches closed on October 7, 2023. However, you can still exchange or deposit Rs 2000 notes at the 19 RBI Issue Offices, or send them via India Post to any RBI Issue Office.
Yes, the Rs 2000 banknotes continue to be legal tender.
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