₹2000 notes worth ₹6,691 crore yet to be returned

The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹6,691 crore at the close of business on December 31, 2024, as per updated data released by the Reserve Bank of India (RBI).

“Thus, 98.12% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned,” the RBI said on Wednesday.

Currently the facility for exchange of the ₹2000 banknotes is available at the 19 Issue Offices of the Reserve Bank (RBI Issue Offices)1 since May 19, 2023. From October 09, 2023, RBI Issue Offices are also accepting ₹2000 banknotes from individuals /entities for deposit into their bank accounts. 

Further, members of the public aresending ₹2000 banknotes through India Post from any post office within the country, to any of the RBI Issue Offices for credit to their bank accounts. The ₹2000 banknotes continue to be legal tender.