Step-by-step guide to exchange ₹2000 notes in bank

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Ziraat Times
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Mumbai, May 20: People who possess Rs 2000 notes and wish to get them exchanged have to go through a certain process. It is not the automatic going to the bank and getting the exchange.

Here is the step-by-step guide to exchange ₹2000 notes at any bank

Step 1: Reach your bank

A member of the public can reach their nearest branch of any bank from 23 May, 2023 to deposit or exchange their ₹2000 notes.

If you have an account with this branch or bank, provide you account details for streamlining the deposition, exchange process.

Step 2: Fill ‘Request Slip’ for exchange

Upon confirming the process, the bank will provide you with a request slip to be duly filled in order to facilitate the exchange process of ₹2000 notes.

In the request slip,

-One should fill the ‘Tenderer’ name should be filled in capital letters.

-Then the member should fill up their Unique Identification Number of the accepted identity proof, original of which will have to be presented during the exchange transaction.

NOTE: Accepted identity proof includes-One of the six OVDs like Aadhaar Card, Driving License, Voter ID Card, Passport, NREGA Card and Population Register.

After filling up identification details, the member should fill in the details of ₹2000 note that they will submit for exchange.

This will include-

Denomination-In this case it will be ₹2000

No of Pieces-In this box specify the number of ₹2000 notes you are submitting for exchange

Value– Calculate the total amount the member is exchanging (Max limit ₹20,000 at a time) and write the total value

-Once the details of the exchange are filled in, the member should proceed to sign the form 

– Following this, the member will also have to mention the Place (where you are filing for exchange) and date (the exact date when you are filing for the exchange)

Step 3: Submit the form

Once done, the member should submit the form along with their ₹2000 notes to get them exchanged from the nearest bank.

EXCHANGE FOR NON-ACCOUNT HOLDERS

The RBI has said that a non-account holder also can exchange ₹2000 banknotes up to a limit of ₹20,000/- at a time at any bank branch.

 

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