March 29, 2024: The Reserve Bank of India (RBI) has announced a temporary halt on exchange and deposit of Rs 2,000 bank notes on April 1, 2024, on account of annual closing of accounts.
After the RBI announcement of May 19 said Rs 2,000 notes will be withdrawn from circulation, it started the facility to exchange and deposit Rs 2,000 denominations with banks from May 23, 2023. Initially, it had given cash holders time till September 30, 2023, to deposit or exchange these notes with other denominations.
Even though this deadline was extended to October 7, 2023, deposit and exchange services at bank branches were discontinued on October 7.
Starting October 8, 2023, people were given the choice of either exchanging the currency or having the equivalent sum credited to their bank accounts at the 19 offices of the RBI.
“The facility of exchange /deposit of Rs 2000 banknotes will not be available on Monday, April 01, 2024, at the 19 issue offices of the Reserve Bank of India due to operations associated with the Annual Closing of Accounts. The facility will resume on Tuesday, April 02, 2024,” it said in a statement.
List of the 19 RBI Issue Offices
- Ahmedabad
- Bengaluru
- Belapur
- Bhopal
- Bhubaneswar
- Chandigarh
- Chennai
- Guwahati
- Hyderabad
- Jaipur
- Jammu
- Kanpur
- Kolkata
- Lucknow
- Mumbai
- Nagpur
- New Delhi
- Patna
- Thiruvananthapuram
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