How will those who do not have bank accounts exchange their Rs 2000 notes? Know the answer here

2000 Rupees Notes: Taking a major decision, the Reserve Bank of India has today announced the withdrawal of Rs 2000 notes from circulation. With this, the country’s central bank RBI has instructed banks not to issue Rs 2000 notes with immediate effect. Apart from this, orders have also been given to withdraw Rs 2000 notes from May 23 and banks will have to arrange special windows for this.

Those who do not have a bank account, how will they change their 2000 rupee notes?

However, according to this new decision of RBI, will those people who do not have a bank account not be able to change their 2000 rupee notes. RBI has made arrangements for this as well and has clearly written in its decision that even those who do not have a bank account can go to the bank and exchange 2000 notes up to Rs 20,000 at a time.

RBI issued FAQ

The Reserve Bank has issued an FAQ regarding the exchange of Rs 2000 notes, according to which very important information has been given. You also know-

Know what are the instructions of RBI regarding the exchange of 2000 rupee notes

Can be changed or deposited in any bank from May 23.

By 30 September 2023, 2000 rupee notes can be changed in any bank branch.

Rs 20,000 can be exchanged or deposited in the bank at a time.

Notes can also be changed in 19 branches of RBI.

This means that the notes will be able to be changed in RBI and all other banks.

According to this FAQs Rs 20000 can be refunded or exchanged at a time.

The total amount cannot exceed Rs 20,000 at a time.

Is this demonetisation?

In a way, it can be called mini demonetisation. Only a little more time has been given to exchange or return the notes so that panic does not spread among the people.

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2000 Rupees Note: 2000 rupee note will be out of circulation, since the last time two thousand new notes were not printed – know