The Reserve Bank of India (RBI) has said that 98.21 percent notes of Rs 2000 are returned to the banking system. , Nevertheless, such notes worth Rs 6,366 crore are still left with people. On May 19, 2023, the RBI announced the withdrawal of 2000 rupee notes from vogue. At that time, the total value of these notes was Rs 3.56 lakh crore by the closure of the business on 19 May 2023.
On 31 March 2025, this price will be reduced to Rs 6,366 crore by the closure of the business. RBI said in a statement, “Thus, 98.21 percent notes of Rs 2000, which have been in circulation till 19 May 2023, have returned.”
Facility for general public
General citizens can send 2000 rupee notes from any post office in the country to any RBI office and submit them to their bank account.
Facilities in banks
The facility to deposit and change these notes was available in all bank branches by October 7, 2023. This facility is now available in 19 issue offices of the Reserve Bank. From 9 October 2023, RBI’s issue office will accept 2000 rupee notes to deposit in their bank accounts from individuals and institutions.
Mentioned as legitimate currency
RBI has clarified that 2000 rupee notes will remain valid currency. This information was released on Tuesday, stating that although most notes have been refunded, a small part is still left with the public.
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