LAST DATE EXTEND TO DEPOSITE OR EXCHANGE THE ₹2000 BANKNOTS

The reserve bank of India RBI has decided to extend the date of deposit or exchange the Rs2000.
Banknotes 30 September to 7 October.
As per an RBI press release dated September 30, 2023: As the period specified for the withdrawal.
process has come to an end, and based on a review, it has been decided to extend the current
arrangement for deposit / exchange of Rs2000 banknotes until October 07, 2023
The Rs 2,000 currency note will remain legal tender even after the September 30 deadline, however,
they will not be accepted for transactions.
The last date of exchange the Rs200 Banknotes is today because the case or court law the date shall be
extended. According to the Reserve Bank of India (RBI), from October 7, the Rs2,000 currency note will
cease to have its value and will be just another piece of paper. This comes months after the central bank
announced that the Rs2,000 denomination banknotes would be taken out of circulation. Notably, the RBI
started printing the Rs2,000 note in November 2016 after Prime Minister Narendra Modi scrapped high value Rs1,000 and Rs500 notes overnight. Therefore, the final and last opportunity to exchange them.
Rs2000 Banknotes is to 7 oct. Go to the nearest bank with your id proof and exchange it.
Who can exchange.
Everyone Bank holders or that individual who have not an account on state bank or other banks.
How to exchange
Individuals have the facility to exchange Rs 2000 notes at 19 Regional Offices (ROs) of the RBI. Besides
that, one can also exchange Rs 2000 banknotes at any nearby bank branch.
According to RBI’s guidelines, as these notes are legal tender, the exchange should be done without the
requirement of a request slip or ID proof.
Exchange Limits Members of the public have exchanged their banknotes only a specific limits Rs20, 000.
More than Rs20, 000 you don’t exchange their money.
With effect from October 08, 2023, the procedure for deposit / exchange of Rs 2000 banknotes shall be
as under:
1.The deposit or exchange at bank branches shall be stopped.
2.2000 banknotes can continue to be exchanged by individuals / entities at the 19 RBI Issue Offices
up to a limit of Rs 20,000/- at one time.
3. Individuals / Entities can tender 2000 banknotes at the 19 RBI Issue Offices for credit to their bank
accounts in India for any amount.
4. Individuals / Entities from within the country can also send Rs 2000 banknotes through India Post,
addressed to any of the 19 RBI Issue Offices for credit to their bank accounts in India.
5. Such exchange or credit shall be subject to relevant RBI / Government regulations, submission of valid
identity documents and due diligence as deemed fit by RBI.
6. Courts, law enforcement agencies, government departments or any other public authority involved in
investigation proceedings or enforcement, may, as and when required, deposit / exchange Rs
2000 banknotes at any of the 19 RBI Issue Offices without any limit.

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