It has been almost two years since the two thousand rupee notes were banned. Even after that, RBI or rather the government has still not received all the notes. Less than two percent of 2000 rupee notes are still floating in the market. The surprising thing is that these two thousand rupee notes have no value left. In May 2023, the government had completely removed these notes from the system. Let us also tell you what kind of things have come out in the RBI report.

Update on two thousand rupees

The Reserve Bank of India (RBI) said on Saturday that 98.18 percent of the Rs 2000 notes have returned to the banking system. Now only Rs 6,471 crore worth of such notes are with the public. The Reserve Bank had announced the withdrawal of Rs 2000 bank notes from circulation on May 19, 2023. The RBI said that the total value of Rs 2000 bank notes in circulation at the close of business on May 19, 2023 was Rs 3.56 lakh crore, which came down to Rs 6,471 crore at the close of business on February 28, 2025. The central bank said in a statement that thus 98.18 percent of the Rs 2000 bank notes in circulation as of May 19, 2023 have returned.

You can deposit notes here

The facility of depositing and/or exchanging two thousand rupee notes was available in all bank branches till October 7, 2023. However, this facility is still available in 19 issue offices of the Reserve Bank. RBI’s issue offices are accepting Rs 2000 bank notes from individuals and institutions for depositing them in their bank accounts from October 9, 2023. Apart from this, common people can send Rs 2000 notes from any post office in the country through Indian Post to any RBI office for depositing them in their bank account. Two thousand rupee notes will remain legal tender.

Related Articles:-

• PPF and SSY Yojana account holders should do this work before 31 March 2025, otherwise your account will be closed
• IndiGo will start flights from Mumbai to this city from March 22, know the schedule and fare
• IMD Rain Alert! IMD has issued an alert of heavy rain in many states in the next 24 hours, check weather condition in your city
• Passport Rules Change: Now New passport cannot be made without this certificate, check immediately
• What is APAAR ID card? Key Benefit & register like this

The post Rs 2,000 notes Update: RBI issues new update on Rs 2,000 notes on the first day of the month first appeared on Rightsofemployees.com.

The country’s Finance Ministry has released a special report on Monday regarding the 2000 rupee note. According to this report, the notes of Rs 2000 in circulation in the country have remained less than 25 percent. The time to deposit these rupees is still till 30th September.

By the way, in the month of August, there are going to be 14 bank holidays including different states of the country, but most of these are from the bank holiday state. Pan India holiday is very less. Even after that, those who have 2000 rupee notes in the country, without wasting time, the ministry is asking them to make deposits. Let us also tell you that what kind of report has been released by the ministry regarding Rs 2000 notes.

Finance Ministry released these figures

Releasing its report, the Finance Ministry said that about 77 per cent of the notes of Rs 2,000 value have been deposited in the banks. According to the Finance Ministry, the number of Rs 2,000 notes in circulation declined by volume to 418 million on June 30 from 1.77 billion on May 19. The ministry said that the value of these notes in circulation declined from Rs 3.56 trillion on May 19 to Rs 84,000 crore on June 30. People have time till September 30 to deposit the remaining money.

Will the deadline be extended?

Now the biggest question is whether the Finance Ministry will extend this deadline. So the government has already answered this question in the monsoon session. Minister of State for Finance Pankaj Chowdhary had made it clear in the Parliament that the government has kept September 30 as the deadline for depositing Rs 2000 notes.

Before that all people will have to deposit Rs 2000 notes. Its deadline will not be extended. So far no decision has been taken on this. In response to another question, he said that the government has no intention of demonetizing any other note right now.

RBI had announced in May

On May 19, the RBI decided to withdraw Rs 2,000 banknotes from circulation while retaining them as legal tender. On the other hand, the RBI advised banks to stop issuing such banknotes immediately and said that all Rs 2,000 notes should be replaced before September 30, 2023.

The Rs 2,000 banknote was issued in November 2016 under section 24(1) of the RBI Act, 1934. In 2016, Rs 2,000 notes were introduced to meet the currency requirements of the economy after the erstwhile Rs 500 and Rs 1,000 banknotes were scrapped as legal tender.

The post 2000 Rupees Note: New Update! Finance Ministry released special report on Rs 2000 note, this is the last date for deposit first appeared on Rightsofemployees.com.