RBI MPC Meeting / Change your Rs 2000 notes before they become junk, today is your last chance.

Vikrant Shekhawat : Oct 07, 2023, 11:00 AM
RBI MPC Meeting: Today is the last chance to exchange Rs 2000 notes. If you still have Rs 2000 notes lying around, get them exchanged soon. Actually, the extended deadline for exchanging these notes is ending today. According to RBI, if you do not change these notes today then they will become just a piece of paper. At the same time, you may have to work hard to change them. Before the deadline, RBI Governor has shared important information regarding the discontinued Rs 2000 notes. Let us tell you what RBI Governor Shaktikanta Das said…

Got a chance for 7 days

The deadline to exchange and deposit Rs 2000 notes in banks is 7th October i.e. today. Before that this deadline was fixed as 30th September. Later it was increased to October 7. In such a situation, people, especially NRIs, were given an extra time of one week to exchange these notes.

After October 7 i.e. today, exchange of Rs 2000 bank notes will be allowed only in 19 RBI issue offices. There will be a maximum cash deposit limit of Rs 20,000 notes per transaction. At any of the 19 issue offices of RBI, people or institutions can issue Rs 2000 bank notes for credit of any amount into their Indian bank accounts.

RBI Governor gave information

RBI Governor Shaktikanta Das has given important information regarding Rs 2000 note. He told that out of the Rs 3.43 lakh crore Rs 2,000 notes returned since May, 87 percent have come in the form of deposits in banks. He said that there are still Rs 12 thousand crore Rs 2000 notes in the market and have not returned to the banking system. Banks are also waiting for these notes. Rs 12 thousand crores is not less.