RBI/2023-24/33

DCM(Plg) No.S-239/10.27.00/2023-24

May 22, 2023

The Chairman / Managing Director/ Chief Executive Officer

All Banks

Dear Sir /Madam,

₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender

In continuation to our circular DCM(Plg) No.S-236/10.27.00/2023-24 dated May 19, 2023 on the captioned subject, it is advised as follows:

2. The facility of exchange of ₹2000 banknotes across the counter shall be provided to the public in the usual manner, that is, as was being provided earlier.

3. Banks are advised to provide appropriate infrastructure at the branches such as shaded waiting space, drinking water facilities, etc. considering the summer season.

4. Banks shall maintain daily data on deposit and exchange of ₹2000 banknotes in the format given below and submit the same as and when called for.

Bank Name	Date	Amount of ₹2000 banknotes Exchanged	Amount of ₹2000 banknotes Deposited	Total Amount

5. Please acknowledge receipt.

Yours faithfully

(Suman Ray)

Chief General Manager in-Charge

Legal tender status upheld; banks must continue over the counter exchange and maintain daily exchange and deposit records. The denomination is withdrawn from circulation but retains its Legal Tender status; banks must continue over the counter exchange and deposit facilities as before. Banks are to provide branch-level infrastructure for public convenience and maintain daily records in the prescribed format (bank name, date, amount exchanged, amount deposited, total amount) for submission when requested.