Exchanging Rs 2,000 notes: Here's what you need to know

RBI announced its decision to withdraw the Rs 2000 note because currently there are enough notes of other denominations in circulation.

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On 23rd May, the process of depositing and exchanging Rs.2,000 notes got underway.

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RBI has advised everyone to deposit or exchange the Rs.2,000 notes in their possession at any bank by 30th September 2023. The notes can also be exchanged at RBI regional offices.

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Fill in You can deposit or exchange notes worth Rs.20,000 at a time. Moreover, you don't need to do it in a bank where you are an account holdersome text

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Fill iWhile you can deposit notes worth Rs 20,000 multiple times, exchanging a large number of notes can attract the attention of the taxmann some text

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