RBI Clarifies 2000 Rupee Note Status: Still Legal Tender, 98% Returned

Personal Finance
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CNBC Awaaz•04-01-2026, 11:13
RBI Clarifies 2000 Rupee Note Status: Still Legal Tender, 98% Returned
- •RBI confirms over 98% of 2000 rupee notes, valued at 3.56 lakh crore rupees in May 2023, have been returned.
- •As of December 31, 2025, only 5,669 crore rupees worth of notes remain in circulation.
- •The 2000 rupee note remains legal tender, but individuals should return them to the central bank.
- •Bank branch exchange ended October 7, 2023; now exchange/deposit at RBI's 19 Issue Offices.
- •Notes can also be sent to RBI Issue Offices via India Post for direct credit to bank accounts.
Why It Matters: 2000 rupee notes are still legal tender; over 98% returned, exchange at RBI offices.
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