Rs 2,000 notes exchange facility will be unavailable on January 12
Here is a Reading friendly summary of the article about Rs 2000 note exchange facility being unavailable on Jan 12:
.A few years back, the government had banned old Rs 500 and Rs 1000 notes. At that time, the Reserve Bank of India (RBI) had introduced new Rs 2000 notes.
Some people still have these older Rs 2000 notes that they need to get exchanged for new currency notes. For this, RBI has special exchange facilities in select regional offices.
One such facility for exchanging old Rs 2000 notes is at the RBI’s regional office in Mumbai. But this facility will be unavailable on January 12, 2023 due to annual closing.
.One such facility for exchanging old Rs 2000 notes is at the RBI’s regional office in Mumbai. But this facility will be unavailable on January 12, 2023 due to annual closing.
.So if anyone wants to get their old Rs 2000 notes exchanged at this particular RBI office in Mumbai, they should go before or after January 12. On that day the exchange counter will remain closed.
In simple words:
(1)Old Rs 500 and Rs 1000 notes were banned earlier
(2)RBI had brought new Rs 2000 notes at that time
(3)Some people still have old Rs 2000 notes that need exchanging
(4)RBI Mumbai office offers exchange facility for these old notes
(5)But this facility won’t be available on January 12
Reason is annual closing at the RBI Mumbai regional office
Let me know if you have any other questions!
News Source:- Â RBI