RBI says 98.08% of ₹2,000 forex notes returned. What to do should you nonetheless have not?

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The Reserve Financial institution of India (RBI) has introduced that 98.08% of the ₹2,000 banknotes in circulation have been returned.

These ₹2,000 banknotes had been initially launched in November 2016 after the demonetisation of the ₹1,000 and ₹500 notes(Representational Picture/Pixabay)

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Nevertheless, the forex notes that are remaining in circulation are nonetheless recognised as authorized tender.

The RBI had introduced the withdrawal of the ₹2,000 notes on Could 19, 2023. It has since been periodically publishing the standing of the quantity of such notes being returned.

These ₹2,000 banknotes had been initially launched in November 2016 after the demonetisation of the ₹1,000 and ₹500 notes.

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The overall worth of the ₹2,000 banknotes in circulation has declined to ₹6,839 crore as of November 29, 2024, when it was ₹3.56 lakh crore on Could 19, 2023, when the announcement of withdrawal was made.

The right way to deposit or trade the ₹2,000 notes?

Although the ability for depositing or exchanging the notes was obtainable in any respect financial institution branches within the nation, it was solely as much as October 7, 2023.

Since October 9, 2024, the ability has been obtainable solely on the 19 RBI Challenge Workplaces, which settle for the ₹2000 banknotes from people/entities for deposit into their financial institution accounts.

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These places of work are situated in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, and Thiruvananthapuram.

Nevertheless, it’s also attainable to ship the ₹2000 banknotes by means of India Put up from any put up workplace inside the nation, to any of the RBI Challenge Workplaces for crediting the cash to the financial institution accounts.