People can send their Rs 2,000 notes to specified regional offices of the Reserve Bank via insured post for direct credit to their bank accounts.
This is a hassle-free option for people far from the regional offices of the Reserve Bank.
Besides, the RBI is offering the TLR (Triple Lock Receptacle) form to people for a deposit of Rs 2,000 notes in their bank account.
“We encourage customers to send Rs 2,000 notes through insured post to the RBI for direct credit to their account in the most transparent and secure manner. This will save them the hassle of traveling to specified branches and to the queue,” said RBI regional director Rohit P Das.
The TLR and insured post options are highly secure, and there should be no fear in the public’s mind regarding these options, he said, adding that about 700 TLR forms have been received so far by the only office in Delhi.
The RBI, in its communications, reiterated these two options, apart from the exchange system in its offices, he added.
On May 19, the RBI announced the withdrawal of currency notes worth Rs 2,000 from circulation. More than 97 percent of the Rs 2,000 notes in circulation as of May 19, 2023 have since been returned.
Giving details of the arrangements being made to handle the trade, Reserve Bank of India Governor Shaktikanta Das said the Delhi regional office has made special arrangements for senior citizens and ‘divyangjan’ by providing them a separate queue.
There is a separate queue for those who arrive with fewer such tickets, such as 2 or 3, for faster clearance, he noted.
A drinking water facility and a covered waiting area have been created so that there is no inconvenience to members of the public, he said, reiterating that Rs 2,000 notes continue to be sold. be legal tender.
Das appreciated that Delhi Police helped manage the crowd and ensured that no untoward incidents took place near the RBI regional office.
The public and entities holding these notes were initially asked to exchange them or deposit them into bank accounts by September 30. The deadline has been extended until October 7. Deposit and exchange services at bank branches were suspended on October 7.
Since October 8, individuals have had the choice between exchanging the currency or having the equivalent amount credited to their bank accounts at 19 RBI offices.
The 19 RBI offices depositing/exchanging currency notes are in Ahmedabad, Bangalore, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi , Patna and Thiruvananthapuram. .
The Rs 2,000 notes were introduced in November 2016, following the demonetization of the then existing Rs 1,000 and Rs 500 notes.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)