The last date to exchange ₹ 2,000 notes at banks has been extended till October 7, the Reserve Bank of India (RBI) said in a statement today.
The RBI said the ₹ 2,000 note will remain valid even after the deadline to exchange ends. The previous deadline was today.
Banks will stop accepting ₹ 2,000 notes for exchange from Obtober 8. However, people can till exchange ₹ 2,000 notes at 19 offices of the RBI.
The notes can also be sent by post to the RBI’s “issue offices” by India Post.
The RBI said it has received ₹ 3.42 lakh crore worth of ₹ 2,000 notes from a total of ₹ 3.56 lakh crore in circulation as on May 19.
This has left only ₹ 0.14 lakh crore worth of ₹ 2,000 notes in circulation till September 29.