2000 Rupees Note: What will RBI do with the returned pink notes of Rs 2000? – 2000 rupees note what will rbi do with the returned 2000 rupees notes

2000 Rupees Note: What will RBI do with the returned pink notes of Rs 2000?  – 2000 rupees note what will rbi do with the returned 2000 rupees notes

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New Delhi: Bank notes of two thousand rupees (2,000 Rupee Note) are now out of circulation. The Reserve Bank of India (RBI) had told in a release on Friday that the two thousand rupee note has been withdrawn from circulation. But it will continue to be legal tender. Such people who have two thousand rupee notes can get it changed by going to the bank till 30 September 2023. However, only Rs 20,000 can be exchanged at a time. Till this time you can buy and sell in the market with these notes. Please tell that the pink note of two thousand rupees was brought in November 2016.

RBI has said that people can deposit Rs 2,000 notes in their bank accounts. Or they can also go to the bank to exchange these notes. These can be deposited in banks in the normal way without any restrictions. Whatever two thousand rupee notes people exchange in banks, banks will send all those notes directly to RBI. But do you know what RBI will do with these two thousand rupee notes. Let us tell you.

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Because of this the note was brought

Two thousand rupee note was introduced in the year 2016. The note of two thousand rupees was brought under section 24 (1) of the RBI Act 1934. The government did demonetisation. One thousand rupee note was discontinued. These notes were brought due to currency requirement. Although the printing of two thousand rupee notes was stopped in the year 2018-19.

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What will RBI do with Rs 2,000 notes?

Banks will send all the Rs 2,000 notes they deposit to RBI. RBI will make bundles of all these notes and cut them through the machine. These notes will be cut very finely. After this their pulp will be made. This pulp can be used in the trash. These notes will now be completely out of circulation. People have a chance to exchange Rs 2,000 notes till September 30.

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