The Reserve Bank of India (RBI) on September 30 extended the deadline for the exchange of Rs 2,000 notes till October 7.
RBI Removed Rs 2,000 Notes From Circulation On May 19
“As the period specified for the withdrawal process has come to an end, and based on a review, it has been decided to extend the current arrangement for deposit/exchange of Rs 2,000 banknotes until October 07, 2023,” the RBI said in a press release.
Earlier on May 19, the RBI removed the Rs 2,000 notes from circulation and gave nearly four months to deposit/exchange the notes.
The RBI asked the masses to exchange their notes by September 30. They can deposit/exchange their Rs 2,000 notes in bank branches and regional branches of the RBI.
A non-account holder can also deposit/exchange Rs 2,000 notes up to a limit of Rs 20,000 at a time at any bank branch.