People can now conveniently send their Rs 2,000 banknotes to regional offices of the Reserve Bank of India (RBI) via insured post for direct credit in their bank accounts. This option is particularly beneficial for individuals who are unable to visit the regional offices in person. The RBI is also offering a Triple Lock Receptacle (TLR) form for the deposit of Rs 2,000 banknotes into bank accounts.
On May 19, the RBI announced the withdrawal of the Rs 2,000 denomination banknotes from circulation. Since then, over 97 percent of the Rs 2,000 banknotes in circulation as of May 19, 2023, have been returned.
The Delhi regional office has made special provisions for senior citizens and individuals with disabilities by providing a separate queue. Additionally, a separate queue has been designated for those with a smaller number of Rs 2,000 notes, such as 2-3 notes, to expedite the process.
A covered waiting area and drinking water facility have also been set up to ensure convenience for the public.
Starting October 8, individuals have been given the option to either exchange the currency or have the equivalent amount credited to their bank accounts at 19 RBI offices located 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 demonetization of the Rs 1,000 and Rs 500 banknotes that were previously in circulation.
TLR form download : https://rbidocs.rbi.org.in/rdocs/content/pdfs/application01112023.pdf
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#shorts
On May 19, the RBI announced the withdrawal of the Rs 2,000 denomination banknotes from circulation. Since then, over 97 percent of the Rs 2,000 banknotes in circulation as of May 19, 2023, have been returned.
The Delhi regional office has made special provisions for senior citizens and individuals with disabilities by providing a separate queue. Additionally, a separate queue has been designated for those with a smaller number of Rs 2,000 notes, such as 2-3 notes, to expedite the process.
A covered waiting area and drinking water facility have also been set up to ensure convenience for the public.
Starting October 8, individuals have been given the option to either exchange the currency or have the equivalent amount credited to their bank accounts at 19 RBI offices located 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 demonetization of the Rs 1,000 and Rs 500 banknotes that were previously in circulation.
TLR form download : https://rbidocs.rbi.org.in/rdocs/content/pdfs/application01112023.pdf
#rbi #india #currentaffairs #upsc #ssc #stockmarket #rbigradeb #reservebankofindia #economy #finance #sbi #ibps #bank #banking #news #gk #ias #sbipo #nifty #sebi #rrb #ssccgl #ibpspo #ibpsclerk #covid #economics #sensex #sbiclerk #money #gdp
#shorts
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