The Reserve Bank of India (RBI) announced discontinuing the 2000 rupee note in May 2023, about 15 months ago. But even after lakhs of efforts, the RBI has not been able to return all the 2000 rupee notes.
According to the Reserve Bank, 2000 rupee notes worth Rs 3.56 lakh crore were circulated in May 2023. Banknotes worth Rs 7261 crore have still not been returned. However, this figure is decreasing every month. By the end of July, banknotes worth Rs 7409 crore were in the market. RBI is still providing the facility to change these banknotes. Let us understand what you have to do now.
RBI Released The Status Of Return Of 2000 Rupee Notes
RBI released the status of the return of 2000 rupee notes on Monday. It has been revealed that 97.96 percent of the notes have been returned. In May 2023, while withdrawing the Rs 2,000 note, the RBI announced that they were being removed from the system under the Clean Note Policy.
RBI said that the facility of depositing or exchanging Rs 2000 bank notes was available in all bank branches of the country till October 07, 2023. From May 19, 2023, these notes can be exchanged from 19 Issue Offices of the Reserve Bank. You can go to any of these offices and exchange your Rs 2000 note without hesitation.
Apart From Depositing In the RBI Office, Notes Are Also Coming From the Post Office
The Reserve Bank said that individuals or institutions are also being given the facility to deposit money in exchange for these notes in their bank accounts. Apart from this, people are sending 2000 notes to RBI through India Post from any post office in the country, which are credited to their bank accounts. After the decision to ban the 2000 rupee note, only 2.04 percent of the bank notes have yet to be returned. RBI said that the 2000 rupee note remains legal tender.
