More than one and a fifty percent years after the Reserve Bank of India (RBI) revealed the withdrawal of 2,000 banknotes, just 1.88 percent of the money notes have yet to be returned, according to the most up to date RBI information launched on January 1, 2025.
The unreturned notes deserve 6,691 crore, exposes the information.
The RBI gave the center for the down payment and exchange of 2,000 banknotes whatsoever financial institution branches throughout India as much as Oct 7, 2023.
The overall worth of 2000 banknotes in blood circulation stood at 3.56 lakh crore on May 19, 2023, when the withdrawal of 2000 banknotes was revealed. It was up to 6,691 crore on Dec 31, 2024.
This implies 98.12 percent of the 2000 banknotes in blood circulation since May 19, 2023, have actually been returned, exposes the RBI information.
Those that intend to trade their money notes can still do so by going to an RBI branch and completing a type.
If you still have 2,000 money notes, you require to take down the adhering to factors.
The 2,000-denomination banknotes were released in November 2016 generally to fulfill the money need of the economic situation after the withdrawal of 500 and 1,000 banknotes.
The vital purpose of presenting 2,000 banknotes was fulfilled after notes in various other religions were provided in adequate quantity. As an outcome, the printing of 2,000 banknotes was dropped in 2018-19.
Around 89 percent of the 2000 religion banknotes were released before March 2017 and go to completion of their approximated life expectancy of 4 to 5 years.
Want to exchange 2,000 notes? Follow these actions
I. Visit an RBI workplace to exchange money notes.
II. If the overall worth of cash that requires to be traded is greater than 50,000, you require to reveal your frying pan and send a xerox of it.
III. You will certainly require to submit a type where you will certainly compose your individual information, such as address, Aadhaar, mobile number, and the variety of 2,000 money notes that require to be traded.
IV. After completing the kind, send it in addition to a xerox of yourAadhaar Both will certainly be marked prior to approval.
V. Once all the procedures are done, you are provided cash for the 2,000 notes that are provided.
