The Reserve Financial institution of India (RBI) had introduced the withdrawal of Rs 2,000 denomination banknotes from circulation on Could 19, 2023.
Rs 2,000 banknotes proceed to be authorized tender.
In an announcement, the central financial institution mentioned the full worth of Rs 2,000 banknotes in circulation, which was Rs 3.56 lakh crore on the shut of enterprise on Could 19, 2023, when the withdrawal of the foreign money was introduced, has declined to Rs 5,817 crore on the shut of enterprise on October 31, 2025.
“Thus, 98.37 per cent of the Rs 2,000 banknotes in circulation as on Could 19, 2023, has since been returned,” it mentioned.
The power for alternate of the Rs 2,000 banknotes is obtainable on the 19 situation places of work of the RBI since Could 19, 2023. From October 9, 2023, RBI situation places of work are additionally accepting Rs 2,000 banknotes from people/entities for deposit into their financial institution accounts.
Additional, the general public can ship Rs 2,000 banknotes by way of India Submit from any submit workplace inside the nation, to any of the RBI situation places of work for credit score to their financial institution accounts.
The difficulty places of work are in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, and Thiruvananthapuram.
The RBI periodically publishes the standing of withdrawal of Rs 2,000 banknotes.
