RBI Withdraws Rs. 2000 Denomination Bank notes from Circulation. Will continue to be a legal tender
It has been decided to withdraw the Rs. 2000 denomination that means only fresh issue has been stopped
Banks will help you exchange Rs. 2000 notes upto Rs. 20000 at a time from an individual
Reason stated is the denomination is not used in the system and is becoming redundant
All Banks Shall Provide Deposit and / or exchange facility until 30th Sep 2023