Important Updates on the Discontinuation of 2000 Currency Notes

Deadline for Exchanging or Depositing RBI's 2,000-rupee  Notes

Individuals can exchange a maximum of 10 Rs 2,000 notes, totaling Rs 20,000, at a time.

After the government declared the demonetisation of Rs 500 and Rs 1,000 notes, the Rs 2,000 note was introduced in November 2016.

The Rs 2,000 note was introduced to replace the demonetised Rs 500 and Rs 1,000 notes in India.

The objective was successfully accomplished once an adequate circulation of notes in other denominations was established.

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