Rs 2000 | If you have 2000 rupee notes, do not panic, keep these main things in mind, there will be no loss
File Photo Mumbai. 2,000 rupee notes will no longer run in the country. The Reserve Bank of India (RBI) has issued a circular announcing the withdrawal of Rs 2000 notes. RBI has taken this decision under the clean note policy. However, there is nothing to worry about in this. The Rs 2,000 notes currently in circulation will continue to be legal tender. You will be able to deposit 2000 rupee notes in the bank till 30 September. Deposit the note by this date If you have 2000 rupee note then there is nothing to panic and worry. RBI has set a time frame under which you will be able to change and deposit notes by going to banks from 23 May to 30 September 2023. However, only notes worth Rs 20,000 can be exchanged at a time. However, the RBI has not clarified the maximum denomination of Rs 2,000 notes that a person can deposit or exchange in banks. But he has mentioned to change maximum 10 notes at a time. 2000 notes are still in circulation, can buy According to RBI, this is not demonetisation. You can still make purchases with the Rs 2000 note. Shopkeepers will also accept this note. You can do a transaction of Rs 2000 with anyone. No one can refuse to take it. In such a situation, there is no need to panic. Avoid rumours, do not get involved in anyone’s words, do not pay attention to any kind of rumours. Don’t promote any situation like chaos by getting into someone’s words. RBI has clearly said that the value of the note will not decrease. The price of 2000 thousand note will remain the same. You can exchange notes from May 23 to September 30 by visiting any bank branch. Apart from this, 19 regional offices of RBI will also be given the facility to exchange Rs 2,000 notes. This decision is different from demonetisation This move of RBI is slightly different from the unexpected announcement of November 2016 in which the then notes of 500 and 1,000 rupees were taken out of circulation from the midnight of the announcement. At the same time RBI had issued Rs 2,000 notes for the first time. The central bank has taken this step amid concerns about high denomination notes being used to hoard black money. Also read: Printing of new Rs 2,000 notes was stopped in 2019 RBI had stopped printing new Rs 2,000 notes in the financial year 2018-19 itself and gradually their circulation has reduced considerably. According to the Reserve Bank, it has been observed that Rs 2,000 denomination notes are no longer commonly used for transactions. Along with this, due to the availability of notes of other denominations in sufficient quantity with the banks, there will be no problem in giving notes to the people. 89% notes were issued before 2017 According to RBI, about 89 percent of the Rs 2,000 notes were issued before March, 2017 and now their estimated life of four-five years is about to end. Rs 2,000 notes worth Rs 6.73 lakh crore were present in circulation in March 2018 but their number has come down to Rs 3.62 lakh crore in March 2023. Thus, only 10.8 per cent of the total notes in circulation are Rs 2,000 notes, which was 37.3 per cent in March 2018.