RBI Facilitates Rs 2000 Banknote Deposits via India Post; Issues Deposit Application Format for Credit to Bank a/c

  • Blog|News|FEMA & Banking|
  • < 1 minute
  • By Chetan Kulasri
  • |
  • Last Updated on 3 November, 2023

public to deposit Rs 2000 notes

Press Release: 2023-2024/1222, Dated: 01.11.2023

RBI allows members of the public to send Rs 2000 banknotes through India Post from any post office in the country to any of the RBI Issue Offices for crediting to their bank accounts in India. Additionally, the RBI has released a prescribed format for deposit applications for credit to the bank account. Further, more than 97% of the Rs 2000 banknotes in circulation as on May 19, 2023 have been returned. The Rs 2000 banknotes continue to be legal tender.

Click Here To Read The Full Press Release

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Leave a Reply

Your email address will not be published. Required fields are marked *

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on Taxmann.com