RBI announces temporary halt to Rs 2,000 banknote exchange/deposit on April 1

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Key Points

The Reserve Bank of India (RBI) has stated that the exchange or deposit of Rs 2,000 banknotes will not be possible on Monday, April 1, 2024, at its 19 issue offices across the country..

The facility will resume on Tuesday, April 2, 2024, according to the RBI's announcement...

"The facility of exchange/deposit of Rs 2,000 banknotes will not be available on Monday, April 1, 2024 at the 19 issue offices of the Reserve Bank of India due to operations associated with the annual closing of accounts," it said...

They can also opt to send these banknotes through India Post from any post office to any of the RBI issue offices for credit to their bank accounts in India...

The 19 RBI offices where the exchange or deposit of the banknotes is facilitated are located in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, and Thiruvananthapuram...

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