Exchange Of 2000 Currency Notes: The Deadline Expires In 4 Days.
Before The Deadline For Reporting Or Exchanging 2,000 Cash Notes, Only Four Days Remain. The Reserve Bank Of India (RBI) Announced The 2,000 Rupee Note’s Withdrawal On May 19, And People Had Until September 30 To Exchange Or Deposit It With Banks.
About 24,000 Crore Notes From The Year 2000 Are Still In Use.
The Central Bank Stated Earlier This Month That Up To 93% Of The 2,000 Currency Notes Have Either Been Deposited Or Exchanged At Banks.
“According To Statistics Obtained From The Banks, The Entire Value Of 2,000 Banknotes Recovered From Circulation Up To August 31, 2023, Is 3.32 Lakh Crore. As A Result, The Value Of The 2,000 Banknotes In Circulation On August 31, 2023, At The Close Of Business, Was 24,000 Crore. As A Result, 93% Of The 2,000 Banknotes In Use As Of May 19, 2023, Have Been Returned, According To A Statement Released By The RBI On September 1, 2023.
Five Personal Finance Regulations Will Alter As Of The Following Month.
The Procedure For Submitting 2,000 Notes
1) Visit The Neighborhood Bank.
2) Complete The “Request Slip” For The Exchange Or Deposit.
3) The Name “Tenderer” Must Be Typed In Capital Characters.
4) The Member Must Then Provide Their Unique Identification Number From The Recognized Form Of Identification. (Driving License, Voter Id Card, Passport, Nrega Card, Population Register, And Aadhaar Card)
5) The Participant Should Complete The Information On The 2000 Note They Will Present For Exchange. This Will Contain The Quantity And Overall Cost Of The Items.
6) Once You Have Completed The Form And Entered All The Necessary Information, You Must Sign It And Deliver The 2000 Notes To The Nearby Bank In Order To Have Them Exchanged.
How Do I Swap 2000 In Bank Notes?
Up Until September 30, 2023, 19 Regional Offices (Ros) Of The RBI With Issue Divisions Offer The Ability To Exchange 2000-Euro Notes. Additionally, Anyone Can Exchange 2000 Yen Bills At Any Nearby Bank Office.
What Happens After The Deadline Of September 30? Even After September 30, The Notes Will Still Be Regarded As Legal Tender, But They Will No Longer Be Accepted For Use In Transactions And Can Only Be Exchanged With The RBI.
