Rs. 2,000 Notes Now Can Be Exchanged Through Post Offices As Well: RBI
Mumbai/Hyderabad, Jan 6 (Maxim News) The Reserve Bank of India (RBI) has said that Rs. 2,000 notes can be exchanged through post offices as well. There are reports of people queuing up at the RBI offices to return the Rs, 2,000 notes.
In a set of Frequently Asked Questions (FAQs) on its website, the RBI said people can send the notes to any of its 19 issue offices from any post office.
People need to fill up an application form which is available online and send the notes to a RBI issue office from any facility of India Post, it said. In May last year, the apex bank announced its decision to withdraw the Rs. 2,000 notes, which was first introduced after the demonetisation exercise in 2016.
The decision to withdraw the Rs. 2,000 notes was taken as most of these notes had exceeded their expected lifespan and were also not being used by the public for transactions, the RBI had said.
At present, over 97.38 per cent of the Rs. 2,000 notes in circulation as in May 2023 have been returned. After allowing the exchange or deposit across bank counters, the RBI has made available multiple other channels where the notes can be exchanged or deposited.
a person can either exchange or deposit the notes up to a limit of Rs. 20,000 at a time across the 19 issue offices along with the post office-based facilities, as per the FAQ. (Maxim News)
Next Story:
Iran Violently Suppressed Protests: President Pezeshkian Apologized To People Of The Country
![Iran Violently Suppressed Protests: President Pezeshkian Apologized To People Of The Country]()
Tehran/internet/Hyderabad, Feb 11 (Maxim News): Iran’s President Masoud Pezeshkian has expressed some sadness over the violent crackdown by security forces on anti-government protests in Iran. Speaking to the media on Wednesday, he apologized to the people of the country. He said he understands the pain of those who lost family members and those injured in…
GHMC Reorganisation: 60 Circles Divided Among Three Municipal Corporations
![GHMC Reorganisation: 60 Circles Divided Among Three Municipal Corporations]()
Hyderabad, Feb 11 (Maxim News): With the city municipal administration reorganised into three municipal corporations, the Greater Hyderabad Municipal Corporation (GHMC) comes with 30 circles, while the Cyberabad Municipal Corporation has 16 circles and the Malkajgiri Municipal Corporation has 14 circles.
IAS Officers Transferred In Telangana
![IAS Officers Transferred In Telangana]()
Hyderabad, Feb 11 (Maxim News): The Telangana state government has made key changes in the administrative department. The government on Wednesday issued fresh orders transferring 10 IAS officers. These transfers have assumed importance during the municipal elections. The most crucial of these transfers is the appointment of a new MD for Singareni Corporation. Jyoti Buddha…
Maha Shivaratri 2026: TSRTC To Run 2243 Special Buses
![Maha Shivaratri 2026: TSRTC To Run 2243 Special Buses]()
Hyderabad, Feb. 11 (Maxim News): TSRTC special buses for Maha Shivaratri will operate across Telangana to facilitate devotees traveling to major Shiva temples.
Jayesh Ranjan Takes Charge GHMC Special Officer
![Jayesh Ranjan Takes Charge GHMC Special Officer]()
Hyderabad, Feb.11 (Maxim News): Jayesh Ranjan has taken charge as Special Officer for GHMC after the Telangana government appointed him to oversee the Greater Hyderabad Municipal Corporation and the newly formed Cyberabad and Malkajgiri municipal corporations.
Pakistan Is Being Treated Worse Than Toilet Paper: Defence Minister Cries In Parliament
![Pakistan Is Being Treated Worse Than Toilet Paper: Defence Minister Cries In Parliament]()
Islamabad/internet/Hyderabad, Feb 11 (Maxim News): Pakistan’s Defense Minister Asif Khawaja made shocking comments as a witness in the country’s parliament. He lamented that the US had used Pakistan worse than toilet paper for its own interests. He made sensational comments that good relations with the US had weakened and destabilized Pakistan. He said that Pakistan’s decision…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News updates
