What is the procedure to send Rs 2,000 banknotes to the Reserve Bank for credit in bank accounts
People have the option to send their Rs 2,000 banknotes to specified regional offices of the Reserve Bank through insured post for credit in their bank accounts.
To send Rs 2,000 banknotes to the Reserve Bank for credit in bank accounts, follow the below procedure:
- Package the banknotes securely, ensuring they are in good condition.
- Visit the nearest post office and opt for insured post.
- Fill out the necessary documents for insured post, including the declaration form.
- Specify the regional office address of the Reserve Bank as the delivery address.
- Pay the required postage fee and obtain the tracking number for reference.
- Keep a record of the tracking number for future follow-ups.
- Mail the package containing the Rs 2,000 banknotes through insured post.
- Monitor the package's delivery using the tracking number provided.
- Once delivered, the Reserve Bank will credit the equivalent amount to the specified bank account.
- Check the bank account regularly to confirm the credit.
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