The Reserve Bank Of India (Rbi) Recently Announced The Withdrawal Of The ₹2000 Denomination Currency Notes That Were Introduced After The Demonetization Drive In 2016. People In India Have Been Given Until September 30, 2023, To Deposit Or Exchange These Notes. This Article Provides A Step-By-Step Guide On How To Exchange The ₹2000 Notes At Your Nearest Bank.
Step 1: Reach Your Bank:
Visit Your Nearest Branch Of Any Bank Starting From May 23, 2023, To Deposit Or Exchange Your ₹2000 Notes. If You Have An Account With That Branch Or Bank, Provide Your Account Details For A Streamlined Process.
Step 2: Fill The ‘request Slip’ For Exchange:
The Bank Will Provide You With A Request Slip. Fill It Out By Providing Your Name In Capital Letters And Your Unique Identification Number From An Accepted Identity Proof, Such As Aadhaar Card Or Driving License. Specify The Denomination, Number Of Pieces, And also Total Value Of The ₹2000 Notes You Are Submitting For Exchange. Sign The Form And Mention The Place And Date.
Step 3: Submit The Form:
Submit The Completed Form Along With Your ₹2000 Notes At The Bank To Get Them Exchanged.
Exchange/Deposit Limits:
- Exchange: Up To ₹20,000/- At A Time
- Deposit: No Restrictions, Subject To Compliance With Kyc Norms And also Applicable Regulations.
Exchange/Deposit Dates:
- Exchange Begins On May 23, 2023.
- The Last Date For The Exchange Process Is September 30, 2023.
Exchange/Deposit Fees:
The Exchange Facility Is Provided Free Of Cost.
Exchange For Non-Account Holders:
Non-Account Holders Can Also Exchange ₹2000 Banknotes Up To ₹20,000/- At A Time At Any Bank Branch.
Conclusion:
With The Withdrawal Of The ₹2000 Denomination Currency, It Is also Essential To Exchange Or Deposit These Notes Within The Stipulated Timeline. By Following The Step-By-Step Guide Provided Above, You Can Easily Exchange Your ₹2000 Notes At Your Nearest Bank Branch. Ensure You Comply With The Given Dates And also Limits To Complete The Process Smoothly.