Total Rs.2000 notes printed by RBIĪround 89% of the Rs.2000 denomination notes were issued before March 2017. The RBI stated that as per the data received from banks, out of the total value of Rs.3.56 lakh crore of Rs.2000 banknotes in circulation as of, Rs.3.42 lakh crore had been received by the banks, leaving only Rs.0.14 lakh crore in circulation as on 29 September 2023. Total Rs.2000 notes deposited with banksĪccording to the RBI data, about 96% of the Rs.2000 banknotes in circulation as of have been returned. The RBI stated that people could visit their nearest bank branches and deposit or exchange their Rs.2000 banknotes by 7 October 2023. However, Rs.2000 will still remain legal tender after 7 October 2023. The RBI stated that withdrawing Rs.2000 was due to its ‘Clean Note Policy’.
The RBI extended the last date to exchange or deposit Rs.2000 notes to 7 October 2023 from 30 September 2023. On, the Reserve Bank of India (RBI) announced that Rs.2000 note, India's highest denomination currency, will be withdrawn from 30 September 2023. The government introduced Rs.2000 in 2016 after the demonetisation drive. Banks will not accept Rs.2000 notes for exchange or deposit to accounts from 8 October 2023. Latest Update: The last date to exchange Rs.2000 notes with banks is extended to 7 October 2023.