Vadodara: As the last date for exchanging the currency notes of Rs. 2,000 denomination is 30th September, the petrol pumps across Gujarat have put up sign boards conveying the customers that Rs. 2,000 notes will not be accepted any more here. It’s worth noting that lot of people had preferred to utilize their Rs. 2000 denomination currency notes at petrol pumps.

The Reserve Bank of India (RBI) has clarified that the Rs. 2,000 denomination banknote will cease to have its value after 30 September and will be just another piece of paper if one does not get it exchanged in any bank, as reported by news agency ANI.

This clarification came a day after reports suggested that 30 September deadline to return ₹2000 notes is likely to get extended till October end.

On 19 May, RBI removed the ₹2000 notes from circulation and gave nearly four months to deposit or exchange the notes. The last date given by RBI to exchange or deposit these notes was 30 September which is today. If it is still pending, individuals still have today’s time as Banks will remain open today due to 5th Saturday. They can go to their nearest bank branch and get the ₹2000 notes exchanged or deposit. A non-account holder can also exchange ₹2000 banknotes up to a limit of ₹20,000 at a time at any bank branch. After 30 September, they will not be accepted for transaction purposes and can only be exchanged with the RBI.

Earlier on 2 September, RBI had said that as much as 93 percent of ₹2000 banknotes that were in circulation on May 19 have been returned to banks.

DeshGujarat