2000 Notes Update: Note exchange from today, remove all confusions before going to the bank, here you will get complete information – rs 2000 note exchange starts today 5 big points to know before rushing to banks
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On Monday, RBI Governor Shaktikanta Das held a press conference and said that the decision to withdraw Rs 2,000 notes will not affect the country’s economy much. The RBI has advised banks to make arrangements for ‘shades’ to protect people from the sun when they come to exchange or deposit notes. Arrangement of drinking water should be made for the people engaged in the line. Das said, we will wait to know how many notes are returned. Then when the time of September 30 draws near, we will take a decision. Sufficient number of low denomination notes are available for exchange.
These are the rules of RBI
– Notes can be deposited / exchanged in banks till 30 September
10 notes of 2000 rupees can be exchanged at a time
– Can exchange notes multiple times in a day
– No limit for depositing money in the account
Current rules on deposits, PAN is necessary if more than 50 thousand
What is Clean Note Policy? What is its relation with withdrawal of 2000 rupee note, understand the whole thing here
The message of most banks is not clear
SBI issues notifications only in consultation with RBI. All the banks follow it. SBI has told not to fill the form. Many banks have sent messages to their customers, in which there is no mention of filling the form or giving ID. In Ghaziabad, the lead bank manager has told banks not to exchange notes without government ID card. The lead bank manager of Gautam Budh Nagar said, it is not the rule of RBI to exchange notes without keeping records. Form will be filled. The lead bank manager in Faridabad has instructed all banks to exchange notes only after filling a prescribed form.
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