RBI Will Exchange Rs 2000 Notes Sent by Post

New Delhi: Anyone wanting to exchange Rs 2000 notes can send them to specified regional offices of the Reserve Bank through the insured post for credit in their bank accounts.

The Reserve Bank of India has provided this option for people who are away from the regional offices of the Reserve Bank. Added to it, the RBI is offering TLR (Triple Lock Receptacle) form to people for a deposit of Rs 2,000 banknotes in their bank account.

Both these options of TLR and insured post are highly secured. The RBI, in its communications, has been reiterating these two options, apart from the exchange facility at its offices.

On May 19, the RBI announced the withdrawal of Rs 2,000 denomination bank notes from circulation. More than 97% of the Rs 2,000 banknotes have since been returned to the RBI.

The deadline for the public and entities to exchange Rs 2000 notes was September 30, which was extended to October 7. After that, both deposit and exchange of Rs 2000 notes was discontinued at bank branches.