New Delhi: The Reserve Bank of India (RBI) on Monday launched an replace at the withdrawal of ₹2000 denomination banknotes, which was once to begin with introduced on May 19, 2023. The replace said that 98.26% of the ₹2000 banknotes in move as of the announcement date had been returned.
According to the RBI, the full price of Rs 2000 banknotes in move stood at ₹3.56 lakh crore on the shut of commercial on May 19, 2023. This determine has now declined to ₹6,181 crore as of the shut of commercial on May 31, 2025.
“The facility for exchange of the ₹2000 banknotes has been available at the 19 Issue Offices of the Reserve Bank (RBI Issue Offices) since May 19, 2023. From October 9, 2023, RBI Issue Offices are also accepting ₹2000 banknotes from individuals/entities for deposit into their bank accounts,” the RBI stated in a unlock.
The 19 RBI Issue Offices are positioned in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, and Thiruvananthapuram.
Further, participants of the general public are sending ₹2000 banknotes via India Post from any publish workplace throughout the nation to any of the RBI Issue Offices for credit score to their financial institution accounts, the financial institution additional added. The RBI reiterated that the ₹2000 banknotes proceed to be prison soft.
The ₹2000 banknote was once offered in November 2016, basically to fulfill the forex necessities of the financial system expeditiously after the withdrawal of the prison soft standing of all ₹500 and ₹1000 banknotes in move at the moment.
The goal of introducing ₹2000 banknotes was once met as soon as banknotes in different denominations become to be had in good enough amounts. Therefore, the printing of ₹2000 banknotes was once stopped in 2018-19.