2000 Rupees Note Exchange Slip

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2000 Rupees Note Exchange Slip

The Reserve Bank of India has decided to withdraw the Rs 2000 denomination banknotes from circulation but they will continue to remain as legal tender. It has advised banks to stop issuing Rs 2000 denomination banknotes with immediate effect. The State Bank of India issued a guideline to all its branches saying it will be allowed “without obtaining any requisition slip”. ₹ 2,000 notes up to a total value of ₹ 20,000 can be deposited or exchanged at a time, the guideline reiterated.

The Reserve Bank of India on Friday said it will withdraw ₹ 2,000 notes from circulation and people can exchange or deposit them in their bank accounts by September 30. The Reserve Bank of India’s (RBI) 19 regional offices and other banks will start taking ₹ 2,000 notes for exchange with lower denomination ones from May 23. The RBI clarified that people don’t have to pay any fee to avail of the exchange facility. Further, banks have been instructed to make arrangements to reduce inconvenience for senior citizens and persons with disabilities who wish to exchange or deposit ₹ 2,000 banknotes.

2000 Rupees Note Exchange Slip

While the RBI did not specify a limit for depositing the Rs 2,000 currency notes in bank accounts, exchange of a maximum of Rs 20,000 (10 notes of Rs 2,000) for other currency notes will be allowed at a time

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