Thread by @harshit1810

📢 Thread: RBI Withdraws ₹2000 Banknotes, Here's What You Need to Know! 💵🏦

👉RBI is withdrawing ₹2000 banknotes introduced in 2016 after demonetization. These notes will still be legal tender, but their usage has decreased, so RBI wants to replace them with other denominations. #RBI #CurrencyWithdrawal

👉The decision is part of RBI's "Clean Note Policy" to ensure good quality banknotes in circulation. You can still use ₹2000 notes for transactions, but it's better to deposit or exchange them by September 30, 2023. Banks will help with the process. #CleanNotePolicy

👉You can deposit ₹2000 notes in your bank account without any restrictions. Exchanges can be done at bank branches or RBI offices, with a limit of ₹20,000 per transaction. Business correspondents can also help with exchanges up to ₹4000 per day

👉Starting May 23, 2023, you can go to your bank or RBI office to deposit or exchange your ₹2000 notes. Even if you don't have a bank account, you can still exchange them at any bank branch. Special arrangements will be made for seniors and people with disabilities

👉You have more than four months to complete the deposit and exchange process, so no need to rush. It's a smooth and convenient process, and there are no fees involved

👉If a bank refuses to exchange or accept your ₹2000 notes, first talk to the bank. If they don't resolve the issue, you can lodge a complaint with RBI through their Complaint Management System portal. #GrievanceRedressal

👉Spread the word about the withdrawal of ₹2000 banknotes and help others understand the process. Let's make this transition hassle-free for everyone! 💪💼 #CurrencyWithdrawal #BankingServices

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