The RBI has asked the public to exchange or deposit all Rs 2,000 notes in their possession latest by September 30, 2023. It also clarified that Rs 2,000 notes will remain legal tender and can be used in daily transactions.
The facility for deposit into accounts and exchange for Rs 2000 banknotes will be available at all banks until September 30, 2023. The facility for exchange will be available also at the 19 Regional Offices (ROs) of RBI having Issue Departments until September 30, 2023.
Following the Reserve Bank of India (RBI)’s decision to withdraw Rs 2,000 notes from circulation, the banks will start exchanging these notes from today. The bank customers can also deposit the Rs 2,000 notes in their bank accounts and withdraw them from an ATM or bank branch later.
