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“The power of change/deposit of Rs 2,000 banknotes is not going to be obtainable on Monday, April 1, 2024 on the 19 difficulty places of work of the Reserve Financial institution of India attributable to operations related to the annual closing of accounts,” it stated.
The RBI had earlier declared the withdrawal of Rs 2,000 denomination banknotes from circulation on Might 19, 2023. As of February 29, almost 97.62 per cent of the Rs 2,000 banknotes have been returned to the banking system. Solely about Rs 8,470 crore price of the withdrawn notes are nonetheless within the possession of the general public.
People holding Rs 2,000 banknotes can deposit or change them on the 19 RBI places of work located throughout the nation. They’ll additionally choose to ship these banknotes by way of India Put up from any submit workplace to any of the RBI difficulty places of work for credit score to their financial institution accounts in India.
Initially, the general public and entities holding such notes have been required to both change or deposit them in financial institution accounts by September 30, 2023. This deadline was later prolonged to October 7, 2023. Deposit and change providers at financial institution branches have been discontinued on October 7.
Since October 8, 2023, people have been supplied with the choice of both exchanging the foreign money or having the equal sum credited to their financial institution accounts on the 19 places of work of the RBI.The 19 RBI places of work the place the change or deposit of the banknotes is facilitated are positioned in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, and Thiruvananthapuram.The Rs 2,000 banknotes have been launched in November 2016, following the demonetisation of the then Rs 1,000 and Rs 500 banknotes.
