Important Updates on the Discontinuation of 2000 Currency Notes

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

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

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

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

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

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