The Rs 2,000 banknotes have been launched in November 2016, following the demonetisation of the then-prevailing Rs 1,000 and Rs 500 banknotes.
More than 97 per cent of the Rs 2,000 banknotes in circulation as of May 19, 2023, have since been returned.
People can ship their Rs 2,000 banknotes to specified regional places of work of the Reserve Bank by the insured publish for credit score of their financial institution accounts. This is a trouble-free possibility for the people who find themselves away from the regional places of work of the Reserve Bank.
Besides, the RBI is providing TLR (Triple Lock Receptacle) kind to individuals for a deposit of Rs 2,000 banknotes of their checking account.
“We encourage customers to send Rs 2,000 notes through the insured post to the RBI for direct credit in their account in the most seamless and secure manner. This (will) save them from the hassle of travelling to specified branches and standing in queue,” RBI Regional Director Rohit P Das stated.
Both the choices of TLR and insured publish are extremely secured, and there shouldn’t be any concern within the thoughts of the general public relating to those choices, he stated, including that about 700 TLR kinds have been acquired up to now by the Delhi workplace alone.
The RBI, in its communications, has been reiterating these two choices, aside from the trade facility at its places of work, he added.
On May 19, the RBI introduced the withdrawal of Rs 2,000 denomination financial institution notes from circulation.
More than 97 per cent of the Rs 2,000 banknotes in circulation as of May 19, 2023, have since been returned.
Giving particulars of preparations made to handle trade, Reserve Bank of India Governor Shaktikanta Das stated the regional workplace in Delhi has made particular preparations for senior residents and ‘divyangjan’ by offering a separate queue for them.
There is a separate queue for these coming with much less variety of such forex notes, corresponding to 2-3, for sooner disposal, he famous.
A ingesting water facility and lined ready space have been created in order that there isn’t a inconvenience to members of the general public, he stated, reiterating that Rs 2,000 notes proceed to be a authorized tender.
Das appreciated that Delhi Police helps in crowd administration and guaranteeing that no undesirable incident takes place within the neighborhood of the RBI regional workplace.
Public and entities holding such notes have been initially requested to both trade or deposit them in financial institution accounts by September 30. The deadline was prolonged to October 7.
Both — deposit and trade — providers at financial institution branches have been discontinued on October 7. Starting October 8, people have been supplied with the selection of both exchanging the forex or having the equal sum credited to their financial institution accounts at 19 places of work of the RBI.
The 19 RBI places of work depositing/exchanging the financial institution notes are in Ahmedabad, Bangalore, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram.
The Rs 2,000 banknotes have been launched in November 2016, following the demonetisation of the then-prevailing Rs 1,000 and Rs 500 banknotes.
(This story has not been edited by News18 workers and is printed from a syndicated information company feed – PTI)
