The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release dated May 19, 2023. The status of withdrawal of ₹2000 banknotes is periodically published by the RBI.
The facility for exchange of the ₹2000 banknotes is available at the 19 Issue Offices of the Reserve Bank (RBI Issue Offices) since May 19, 2023. From October 09, 2023, RBI Issue Offices are also accepting ₹2000 banknotes from individuals / entities for deposit into their bank accounts. Further, members of the public are sending ₹2000 banknotes through India Post from any post office within the country, to any of the RBI Issue Offices for credit to their bank accounts.
98.04% of the ₹2000 banknotes in circulation as on May 19, 2023, has been returned. The ₹2000 banknotes continue to be legal tender.
