Last date to exchange Rs 2,000 notes in 3 days: Where, how to exchange, limits, charges, documents

economictimes.indiatimes.com:

Individuals were advised to deposit Rs 2000 bank note into a bank account or exchange it for a different denomination of banknote at any bank location. Deposits into bank accounts can be made normally, that is, without limits and in accordance with current directives and other relevant RBI guidelines.
Also read:Rs 2,000 note withdrawn from circulation: If bank finds your note to be fake this is what will happen

Exchange limit

The RBI has set a maximum of Rs 20000 on the amount that can be exchanged for a single Rs 2000 note.

How to exchange

Here is a step-by-step guide to exchange Rs 2,000 notes in a bank
Step 1 – Visit the nearest bank branch with Rs 2000 notes available with you.
Step 2- Fill in the requisition slip, enter the details required to facilitate the exchange process of Rs 2000 notes.
Step 3: Submit the slip along with Rs 2000 notes to be exchanged with other denominations.
Where to exchange Rs 2000 bank note

Individuals can exchange at bank branches. The process may differ depending on the bank. In the case of an exchange of Rs 2,000 notes, the RBI governor stated that banks will follow their own procedures and norms.

How much amount is returned to bank

According to the RBI press release dated September 1, 2023, “According to the data received from the banks, the total value of Rs2000 banknotes received back from circulation is Rs 3.32 lakh crore up to August 31, 2023. Consequently, Rs 2000 banknotes in circulation as at the close of business on August 31, 2023 stood at Rs0.24 lakh crore. Thus, 93% of the Rs 2000 banknotes in circulation as on May 19, 2023, have since been returned.

Maximum limit

The maximum deposit amount is not specified. However, general KYC and other regulatory restrictions for