2000 Note Closed: RBI says that the printing of 2000 notes was stopped in 2018-19 after the purpose of introducing 2000 notes was fulfilled.
If you have a note of 2000 rupees, then this information is very important for you. Because RBI has taken a big decision on 2000 rupee note. RBI will soon withdraw 2000 rupee notes running among common people across the country. In such a situation, questions have started to arise whether the 2000 rupee note will be banned in the country. On this, RBI says that after the purpose of introducing 2000 notes was fulfilled, the printing of 2000 notes was stopped in 2018-19.
At the same time, RBI has advised banks to stop issuing Rs 2000 notes with immediate effect, although Rs 2000 notes will remain legal tender.
Reserve Bank of India has advised banks to stop issuing Rs 2000 denomination banknotes with immediate effect though banknotes in Rs 2000 denomination will continue to be legal tender. https://t.co/yLWWpyuahL pic.twitter.com/kPTMqlm1XD
— ANI (@ANI) May 19, 2023
The Reserve Bank of India has decided that Rs 2000 bank notes will be withdrawn from circulation across the country. People across the country must have often seen that after the printing of Rs 2000 notes stopped, the number of withdrawals from ATMs gradually decreased. At present, 2000 rupee notes have stopped coming out from ATMs. That’s why RBI has decided to withdraw the notes.
This is the rule to change from bank
As per RBI’s decision, you can deposit Rs 2000 bank note in your account or go to any other bank’s branch to exchange Rs 2000 note to Rs 100 or Rs 500 note. If you deposit 2000 rupees note in bank account then there is no restriction and limit on it. On the other hand, if you are going to change the notes in another branch, then you can change the notes of 2000 rupees from the limit of 20,000 rupees. Means you can exchange Rs 20,000 from any other bank branch.