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:
LK Advani Admitted to Delhi Hospital With Chest Infection
Delhi/Hyderabad, Oct 17 (Maxim News): Veteran BJP leader and former Deputy Prime Minister Lal Krishna Advani was admitted to Indraprastha Apollo Hospital in New Delhi with a chest infection on Friday evening.
KTR Says Graduates Will Teach Congress a Lesson in MLC Polls
Hyderabad, Oct 17 (Maxim News): BRS working president KT Rama Rao has claimed that graduates, educated youth and unemployed people will teach the Congress government a lesson in the upcoming Graduate MLC Elections in Telangana.
151 Officer Trainees Complete First Phase of IPS Training
Hyderabad, Oct 17 (Maxim News): A total of 151 officer trainees completed the first phase of basic training at the Sardar Vallabhbhai Patel National Police Academy (SVPNPA) in Hyderabad on Saturday. The passing-out parade of the 78th batch of Indian Police Service (IPS) probationers marked the completion of Phase-I training. Union Home Secretary Govind Mohan…
BJP Leaders Back Kishan Reddy’s Criticism of Rahul Gandhi
Delhi/Hyderabad, Oct 17 (Maxim News): BJP leaders Ram Kripal Yadav and Om Prakash Rajbhar on Saturday supported Union Minister G. Kishan Reddy’s criticism of Lok Sabha Leader of Opposition Rahul Gandhi. Bihar Minister Ram Kripal Yadav accused Gandhi of making irresponsible remarks and engaging in conduct he said was unbecoming of the constitutional position. Yadav…
Woman Allegedly Sexually Assaulted After Job Offer in Jubilee Hills
Hyderabad, Oct 17 (Maxim News): A woman was allegedly sexually assaulted by an unidentified man after he offered to help her find domestic work in Hyderabad’s Jubilee Hills area.
Kothur Security Guard Murder: Two Arrested
Kothur security guard murder case: Two men were arrested over the alleged killing of an 18-year-old following a ₹20,000 loan dispute.
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
