Exchange of 2000 notes will start from May 23, know which form will have to be filled?

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From May 23, Rs 2,000 notes will start being exchanged with notes of other denominations in banks. Banks have started preparations for this. But in the meantime, discussion started on social media that to change the 2000 rupee note, forms have to be filled in the banks. However, the central bank said that only banking rules have to be followed to deposit Rs 2000 notes in banks.

Which form to fill?

According to the Reserve Bank, no form has to be filled to exchange 2000 rupee notes from the bank branch. The bank has said that no such guideline has been issued.

Note exchange limit

The Reserve Bank has said that between May 23, 2023 and September 30, 2023, Rs 2,000 notes can be easily exchanged. One can easily exchange notes up to Rs 2000 at a time by visiting any bank branch in the country. The Reserve Bank has also said that the facility of currency exchange will be free.

Can be changed at the Business Correspondent Center

2000 rupee notes of more than 20 thousand rupees cannot be changed in one go. The Reserve Bank of India has decided to discontinue the 2000 rupee note under the ‘Clean Note Policy’. Under this policy, RBI will gradually withdraw 2000 notes from the market.

People living in rural areas can also get 2000 rupee notes exchanged by visiting the Business Correspondent Center. But only Rs 2000 to Rs 4000 notes can be exchanged at the centre. Business correspondents act like banks. They help the villagers to open bank accounts. Deals too.

Notes will change here too

RBI has regional offices at 31 places across the country, but Rs. 2000 notes are issued in Ahmedabad, Bangalore, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur. New Delhi. Exchange can be done at Delhi, Patna and Thiruvananthapuram. The Reserve Bank of India has advised banks to stop issuing Rs 2,000 notes with immediate effect. That is, now RBI has regional offices at 31 places across the country and will not give new 2000 notes to customers.