Rs 2,000 Notes Worth ₹5,817 Crore Still in Circulation: RBI
Mumbai: High value Rs 2,000 notes worth Rs 5.817 billion are still in circulation, according to data released by the Central Bank on Saturday. The Reserve Bank of India (RBI) had announced the withdrawal of Rs 2,000 banknotes from circulation on May 19, 2023.
2,000 rupee notes remain legal tender. The total value of Rs 2,000 notes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of currency was announced, dropped to Rs 5,817 crore as at the close of business on October 31, 2025, the central bank said in a statement.
“Thus, 98.37 per cent of Rs 2,000 notes in circulation as of May 19, 2023 have been refunded,” he said. The facility to exchange Rs 2,000 notes is available at 19 issue offices of the RBI since May 19, 2023. From October 9, 2023, RBI issue offices are also accepting Rs 2,000 notes from individuals/institutions for deposit into their bank accounts.
The public can also send Rs 2,000 notes via India Post from any post office within the country to any of the RBI printing offices for credit to their bank accounts. Issue offices are in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram. RBI periodically publishes the withdrawal status of Rs 2,000 notes.
