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RBI Guidelines About Rs 2000 Notes: Rupees. The announcement of the withdrawal of the 2000 note by the Reserve Bank of India remains a topic of discussion across the country. In banks till 30 September Rs. RBI appeals to exchange 2000 notes, anyone can withdraw Rs. Up to 20,000.. ie up to 10 notes can be changed. However, over Rs. What to do with 2000 notes is a challenge faced by many big boys holding 2000 notes.
According to the information given by RBI, between May 23 and September 30, people have withdrawn Rs. 2000 notes can be deposited in bank accounts..or can be exchanged. That means total 131 days are possible. However, during these four months, there are going to be 26 days of holidays including weekend holidays. Apart from this, 5 days more bank holidays are coming across the country including special occasions like Bakrid, Sri Krishna Janmashtami and 15th August Independence Day. According to that.. 131 days have 30 or 31 days holidays left, leaving only 100 days.
If a person visits a bank regularly for 100 days to exchange his Rs 2000 note, he can exchange up to Rs 20 lakh in 100 days with a daily limit of Rs 20,000. and above Rs. If you have to change 2 thousand notes…?
What to do if you have notes of more than 20 lakh rupees?
As per information disclosed by the Reserve Bank of India, a daily exchange rate of Rs. There is a limit of 20 thousand only but if you want to deposit 2 thousand rupee notes then there is no limit. You can deposit any amount per day. Otherwise, there is a danger of getting caught in a legal tangle. That is, if a large amount is being deposited in someone’s bank account, then the government will have to give an account of where the money came from.
If 2000 rupee notes are not deposited till 30 September…?
According to the guidelines of the Reserve Bank, till September 30, 2 thousand rupee notes can be deposited or changed by going to the bank. What if it cannot be done by September 30? After that if you want to exchange those notes then you have to go to regional offices of RBI instead of banks.