2000 Rupee Denomination Banknotes: Those who’ve 2000 rupee notes are having many questions of their thoughts, what ought to they do with this be aware and why RBI has determined to withdraw the 2000 rupee be aware.

Question-1 – Will 2000 rupee be aware be legally legitimate?

Answer – Yes, Rs 2000 be aware will stay legally legitimate i.e. authorized tender standing will proceed.

Question-2 – Can 2000 rupee be aware be used for regular transactions.

Answer – Yes, RBI says that common public will be capable to transact by 2000 rupee be aware. Along with this, she may even be capable to obtain it as cost. Although RBI has requested individuals to deposit or trade these notes by 30 September 2023.

Question-3 – What ought to those that have 2000 rupee notes do?

Answer – RBI has mentioned that widespread individuals ought to contact their financial institution department and deposit Rs 2000 be aware there or trade it with different notes. This facility will probably be obtainable in all banks until 30 September 2023. Also, notes will be modified in 19 RBI regional places of work until September 30.

Question – 4 – Is there any restrict for depositing Rs 2000 notes in a checking account?

Answer – There isn’t any restriction on depositing Rs 2000 notes within the checking account however it’s essential to have KYC of the shopper.

Question – 5 – Is there any restrict to trade 2000 rupee notes.

Answer – The common public can trade notes of Rs 2000 just for a most of Rs 20,000.

Question – 6 – Can 2000 rupee notes be modified by the enterprise correspondents of the banks additionally.

Answer – Yes, the account holder can trade financial institution notes of Rs 2000 as much as Rs 4000 per day by the enterprise correspondents of the banks.

Question – 7 – When will the trade facility begin?

Answer – From May 23, 2023, Mot exchanges will be performed within the regional workplace of the financial institution and RBI.

Question – 8 – Is it essential to be a buyer of the financial institution to trade notes?

Answer – Those who do not need an account can go to any checking account at a time and trade Rs 2000 notes as much as Rs 20000.

Question- 9- Will there be any payment to vary the be aware?

Answer – 2000 rupee notes will be modified completely freed from price, no payment should be paid for this.

Question – 10 – Whether any particular association will probably be made for senior residents, disabled to trade forex or make deposits.

Answer – Banks have been advised to make particular preparations for senior residents, disabled individuals in order that they face much less hassle.

Question-11 – Even then nobody might deposit or trade 2000 rupee notes, then what’s going to occur?

Answer – The widespread individuals have been given 4 months to trade the 2000 rupee be aware. RBI has appealed to the widespread individuals to benefit from this facility throughout the stipulated time.

Question-12 – What will occur if the financial institution refuses to trade or deposit Rs 2000 notes?

Answer – If somebody faces such an issue, first he can complain to the financial institution. If the financial institution doesn’t hear in 30 days, then the shopper can complain below RBI’s Integrated Ombudsman Scheme (RB-IOS), 2021 by visiting this web site cms.rbi.org.in.

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2000 Rupees Note: From May 23, up to a limit of Rs 20,000, 2000 rupee notes can be changed from the bank, notes can be deposited in accounts