Want To Exchange Rs 2000 Notes? You Can Send Them By Post To RBI For Direct Credit In Bank Accounts; Details

Reserve Bank in a bid to smoothen the exchange of old 2000 rupees banknotes started a postal service-based process which will make the process hassle-free. People will now be able to send their notes to specified regional offices of RBI through insured posts and will get credit directly in their ban accounts. Apart from this, RBI is also offering Triple Lock Receptacle (TLR) to facilitate their exchange needs.

Highly Secure-

According to a report of PTI, RBI Regional Director Rohit P Das said, "We encourage customers to send Rs 2,000 notes through the insured post to the RBI for direct credit in their account most seamlessly and securely. This (will) save them from the hassle of travelling to specified branches and standing in queue."

He also said that Both the options of TLR and insured post are highly secured, therefore people should not fear utilising them adding that about 700 TLR forms have been received so far by the Delhi office alone. RBI through its communications, is trying to encourage these two options apart from the on-branch exchanges, the official said.

Rs 2000 banknotes withdrawn- 

Earlier, RBI announced the withdrawal of Rs 2000 banknotes from circulation on May 19, this year. Since then, more than 97% of the notes have returned to the vaults of RBI.

Providing information about the measures taken to handle currency exchange, Reserve Bank of India Governor Shaktikanta Das mentioned that the Delhi regional office has implemented special provisions for senior citizens and 'divyangjan' by establishing a dedicated queue for them. Additionally, a separate queue has been designated for individuals with a smaller number of currency notes, like 2-3, to facilitate quicker processing.

A facility for drinking water and a sheltered waiting area has been established to avoid inconvenience for the general public," he stated, highlighting the continued acceptance of Rs 2,000 notes as legal tender. Das commended the assistance of the Delhi Police in managing crowds and ensuring a secure environment around the RBI regional office.

Originally, the public and entities holding such notes were advised to exchange or deposit them in bank accounts by September 30, with an extended deadline until October 7. However, both deposit and exchange services at bank branches ceased on October 7. From October 8 onwards, individuals have the option to either exchange the currency or have the equivalent amount credited to their bank accounts at 19 RBI offices."

Regional offices for Rs 2000 banknote exchange-

The 19 RBI offices depositing/exchanging the bank notes are in Ahmedabad, Bangalore, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram.
The Rs 2,000 banknotes were introduced in November 2016, following the demonetisation of the then-prevailing Rs 1,000 and Rs 500 banknotes.