Latest deadline: What is the last date to exchange or deposit Rs 2,000 bank notes?

economictimes.indiatimes.com:

Rs 2000 bank notes from September 30, 2023.

When is the last date to exchange Rs 2000 banknotes?

The last date to exchange Rs 2000 bank notes October 7, 2023. With effect from October 8, 2023, banks will stop accepting Rs 2000 banknotes for credit to accounts or exchange to other denomination banknotes.

According to bank data, 96% of the 2000 banknotes in circulation on May 19, 2023 have been returned.

Also read:Will you be able to exchange, deposit 2000 notes in banks after new RBI deadline of Oct 7? RBI clarifies

With effect from October 08, 2023, the procedure for deposit, exchange of Rs 2000 banknotes shall be as under:

• The deposit, exchange at bank branches shall be stopped.
• Rs 2000 banknotes can continue to be exchanged by individuals / entities at the 19 RBI Issue Offices up to a limit of Rs20,000/- at a time.
• Individuals, entities can tender Rs2000 banknotes at the 19 RBI Issue Offices for credit to their bank accounts in India for any amount.
• Individuals, entities from within the country can also send ?2000 banknotes through India Post, addressed to any of the 19 RBI Issue Offices for credit to their bank accounts in India.
• Such exchange or credit shall be subject to relevant RBI, government regulations, submission of valid identity documents and due diligence as deemed fit by RBI.
• Courts, law enforcement agencies, government departments or any other public authority involved in investigation proceedings or enforcement, may, as and when required, deposit, exchange Rs 2000 banknotes at any of the 19 RBI Issue Offices without any limit.

What will be the last date for exchange of Rs 2000 banknotes in RBI?

Individuals, entities can deposit, exchange facility for Rs 2000 banknotes even after October 7 deadline