But according to the latest data, Rs 6,017 crore worth of Rs 2,000 notes are still in the system. RBI gave this information in a report. Know here how you can exchange old Rs 2000 notes.

98.31% of notes have returned to the system…

RBI had announced the withdrawal of Rs 2,000 notes on May 19, 2023. The total value of these notes on that day was Rs 3.56 lakh crore. Now it has come down to Rs 6,017 crore, that is, about 98.31% of the notes have been returned.

Rs 2,000 notes are still valid currency…

The RBI has clarified that Rs 2,000 notes are still valid currency. That is, they can be used for transactions, although it has become common for banks and shopkeepers to refuse to accept them.

The facility of exchange and deposit of notes is available in RBI offices…

People can still deposit Rs 2,000 notes in their bank accounts at 19 issuing offices of RBI. This facility is available from October 9, 2023.

Notes can also be sent by post…

People who cannot visit the RBI office can send their Rs 2,000 notes through India Post to any RBI issuing office in the country and get them deposited in the account.

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However, the facility to exchange notes will resume on Tuesday, January 23, 2024. RBI said in a statement that due to the half-day holiday declared by the Government of India, 19 local offices of the Reserve Bank of India will not be able to exchange Rs 2000 notes.

How to change Rs 2000 note: Change Rs 2000 note in post office

According to RBI’s response to the question, people will have to fill an application form which is available online and send the notes to the RBI issuing office through any service of Indian Post. In May last year, the apex bank had announced its decision to withdraw Rs 2,000 notes, which were introduced for the first time after demonetisation in 2016.

RBI made special arrangements

RBI also said that a separate line has been set up for those who exchange small number of currency notes like someone who has only 2-3 notes. So that they don’t have to wait long. Waiting lounges have also been created in the regional office. RBI had given time till September 30 to the common people to exchange notes, which was later extended till October 7. Now common people can exchange Rs 2000 notes only in the regional offices specified by RBI.

RBI office is here

The list of 19 RBI offices for exchanging bank notes are Ahmedabad, Bangalore, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram.

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The total value of bank notes declined to Rs 9,330 crore by the close of business on December 29, 2023. It was Rs 3.56 lakh crore at the close of business on May 19, 2023. When the withdrawal of Rs 2,000 bank notes was announced.

Many people are facing problems in going to RBI regional office and exchanging Rs 2000 notes. Most people are not able to go to the regional office. For such people, RBI told how they can exchange Rs 2000 notes without visiting RBI.

People can send their Rs 2,000 notes to the specified regional office of the Reserve Bank through post office to deposit them in their bank accounts. This is a hassle-free option for those who cannot go to the local office. Apart from this, RBI is also offering TLR (Triple Lock Receptacle) form to the people to deposit Rs 2,000 notes in their bank account.

On May 19, RBI announced the withdrawal of Rs 2,000 bank notes from circulation. More than 97 percent of the Rs 2,000 bank notes in circulation have been returned as of May 19, 2023. Reserve Bank of India Governor Shaktikanta Das said that a separate line has been arranged for senior citizens and disabled people in the locker office in Delhi.

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