Rs 2,000 Notes Can Be Exchanged Through Post Offices As Well: RBI
A person can either exchange or deposit the notes up to a limit of Rs 20,000 at a time across the 19 issue offices along with the post-office-based facilities, as per the FAQ.
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A person can either exchange or deposit the notes up to a limit of Rs 20,000 at a time across the 19 issue offices along with the post-office-based facilities, as per the FAQ.
The banknotes that have not been deposited or exchanged will continue to be legal tender, the central bank said.
Earlier this year, the govt announced withdrawal of Rs 2000 bank notes from circulation after which people rushed to exchange the currency. The last date for exchange is over but do you still have the high-denomination currency? Know how you can exchange it.. - Rs 2000 Notes Still With You? Know Here How To Exchange High-Denomination Currency
According to the Reserve Bank of India (RBI), from October 1, the Rs 2,000 currency note will cease to have its value and will be just another piece of paper.
The Rs 2,000 denomination banknote will cease to have its value after Saturday and will be just another piece of paper if one does not get it exchanged in any bank, the Reserve Bank of India (RBI) clarified on Friday.