RBI Discontinues Rs 2,000 Note

RBI, Rs 2,000 note, discontinued, black money, September 30

Taking a big decision on Friday, the Reserve Bank of India has decided to discontinue the Rs 2,000 note. If you have kept Rs 2,000 notes with you, then there is no need to take tension. RBI has taken this decision to curb black money. Right now your note will be valid till September 30, which you can easily change.

If you want to change the banned note, then you have to go to the bank for this. You can comfortably exchange or deposit up to Rs 2,0000 in a day. The process of exchanging Rs 2,000 notes in banks will start from May 23, 2023, which will run till September 30, 2023. There is no need to panic to exchange notes. Apart from banks, you can easily change notes, for which you have to take care of some important things, which is very important to know.

You can also exchange notes comfortably by visiting the Business Correspondent Center where you will not face any problem. You can easily find these centers in rural and urban areas. In 2006, the Reserve Bank permitted the use of non-bank intermediaries such as business correspondents or business facilitators. A large number of these correspondents were opened from where people can easily do money transactions. This has affected the congestion of banks.

So many thousand rupees can be changed from the center

If you want to exchange 2000 notes from the Business Correspondent Center, then you have to take care of some important things. The limit for exchange of notes has also been fixed. You can get it exchanged even without going to the bank. According to RBI, the correspondent center you can exchange or deposit only up to Rs 4000. For this it is very important to have your account. If you do not have an account, then you will have to face problems.

For information, please note that you can deposit 20 thousand rupees from the bank or change the note. You will easily get 500 or other notes in exchange of 2000. This will reduce your problems. You will not need to spend a single rupee to exchange notes from banks. You can get the benefit of free facility.