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"The facility of Rs exchange of Rs 2,000 to all members of the public upto a limit of Rs 20,000 at a time will be allowed without obtaining any requisition slip," the bank said in a circular dated May 20.
The withdrawal of Rs 2,000 notes has come as a major setback to anti-India forces as their financial life line has been crushed with this decision
SBI said that the tenderer will not be required to submit any identity proof at the time of exchange of up to Rs 20,000 at a time.
RBI has outlined the maximum exchange limit and procedures for handling Rs 2000 notes, aiming to minimize inconvenience to the public.
You have from May 23 to Sept 30 to deposit these notes in your bank account or exchange them for other denominations. But you can exchange only 10 notes at a time. Why has the RBI done this?