All Questions Related to Rs 2000 Note's Deposit or Exchange

By Jaano India By Jaano India

1. Is Rs 2000 legal? Can I use it for transactions? The Rs 2000 banknotes are still legal tender, and individuals can continue to use them for transactions.

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2. Where can I deposit Rs 2000 notes? Rs 2000 notes can be deposited or exchanged at any commercial bank branch or the 19 Regional Offices of RBI until September 30, 2023.

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3. How do I deposit Rs 2000 banknotes? Deposits into bank accounts can be made without restrictions. Non-account holders can also exchange up to Rs 20,000 at a time at any bank branch.

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4. Are there exchange fees for depositing or exchanging Rs 2000 notes?" There are no exchange fees for depositing or exchanging Rs 2000 banknotes.

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5. What is the limit for exchanging Rs 2000 notes?" Individuals can exchange Rs 2000 banknotes up to Rs 20,000 at a time, or up to Rs 4000 per day through business correspondents for account holders.

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