2000 Rupees Note: Those who do not have bank accounts, how will they change their 2000 rupee notes? Know the answer here

2000 Rupees Note: Those who do not have bank accounts, how will they change their 2000 rupee notes?  Know the answer here

2000 Rupees Notes: Taking a major decision, Reserve Bank of India has announced to withdraw 2000 rupee notes from circulation today. With this, the country’s central bank RBI has instructed banks not to issue Rs 2000 notes with immediate effect. Apart from this, orders have also been given to withdraw Rs 2000 notes from May 23 and banks will have to arrange special windows for this.

Those who do not have a bank account can withdraw their Rs 2000 notes. How to change

However, according to this new decision of RBI, those people who do not have a bank account will not be able to change their 2000 rupee notes. RBI has also made arrangements for this and has clearly written in its decision that those who do not have a bank account can also go to the bank and exchange 2000 notes up to Rs 20,000 at a time.

RBI issued FAQ

Reserve Bank has issued FAQ regarding exchange of Rs 2000 notes, according to which very important information has been given. You also know-

Know what are the instructions of RBI regarding the exchange of Rs 2000 notes

From May 23, they can be exchanged or deposited in any bank.

Rs 2,000 notes can be exchanged at any bank branch by September 30, 2023.

Rs 20,000 can be exchanged or deposited in a bank at a time.

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Notes can also be exchanged in 19 branches of RBI.

This means that notes can be exchanged in RBI and all other banks.

According to this FAQs, once Rs 20000 can be returned or exchanged.

The total amount cannot exceed Rs 20000 at a time.

Is this demonetisation? >

In a way it can be called mini demonetisation. Only a little more time has been given to exchange or return the notes so that there is no panic among the people.

Read also

2000 Rupees Note: Rs 2000 note will be out of circulation, since the last time two thousand new notes were not printed – know

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