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Withdrawal of ₹2000 Denomination Banknotes - Status 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 has been periodically published by the RBI. 2. The facility for deposit and / or exchange of the ₹2000 banknotes was available at all bank branches in the country initially upto September 30, 2023, which was later extended upto October
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FAQ :
Yes, the ₹2000 banknotes continue to be legal tender.
You can deposit or exchange ₹2000 banknotes at any of the 19 Issue Offices of the Reserve Bank of India (RBI).
Yes, members of the public can send ₹2000 banknotes through India Post from any post office to any RBI Issue Office for credit to their bank accounts in India.
The facility for deposit and/or exchange of ₹2000 banknotes at all bank branches was initially available until September 30, 2023, and was later extended to October 07, 2023.
As of October 31, 2023, the total value of ₹2000 banknotes in circulation has declined to ₹0.10 lakh crore, indicating that over 97% of the notes have been returned.
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