Last Date To Exchange Rs 2,000 Notes At Banks Today: All You Need To Know
NDTV
After today, the Rs 2,000 banknotes can only be exchanged with the RBI.
The last date to exchange Rs 2,000 notes at the bank is today. According to the Reserve Bank of India (RBI), after October 7, the exchange of Rs 2,000 currency notes will only be allowed at the 19 RBI Issue Offices, with a cash deposit limit of Rs 20,000 note maximum per transaction. But at any of the 19 RBI Issue Offices, people can present Rs 2,000 banknotes for credit to any amount on their Indian bank accounts.
According to RBI, the Rs 2,000 currency note will remain legal tender even after the October 7 deadline, however, they will not be accepted for transactions. After today, the notes can only be exchanged with the RBI.
According to the RBI FAQs, "The Rs 2000 banknotes can continue to be exchanged by individuals/entities at the 19 RBI Issue Offices up to a limit of Rs 20,000 at a time. Individuals/Entities can also tender Rs 2000 banknotes at the 19 RBI Issue Offices for credit to their bank accounts in India for any amount".
