2000 rupee notes will not work here after 5 days, this is the big reason - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News


Thursday, September 14, 2023

2000 rupee notes will not work here after 5 days, this is the big reason

Amazon, one of the world's largest e-commerce companies, has issued a big statement regarding the Rs 2000 note in India. The company said in its statement that it will not accept Rs 2000 note on cash on delivery from September 19.

As the month of September is about to end. Anyway, the time to say goodbye to Rs 2000 note is coming near. On the other hand, the world's largest e-commerce company Amazon has given new information regarding Rs 2000. A new rule has also been made. The e-commerce giant has shared an update regarding the acceptance of Rs 2000 note on cash on delivery service.

The e-commerce company has said that from September 19, Rs 2,000 notes will not be accepted as cash for cash on delivery (COD) payments and cashload. Amazon said in its note that it is currently accepting currency notes of Rs 2,000. However, currency notes of Rs 2000 will not be accepted from September 19, 2023. Amazon further said that if the product is delivered through a third party courier partner, then Rs 2000 note will be accepted.

RBI had announced

If you still have Rs 2000 note, you can exchange it from the nearest bank branch. On May 19, 2023, the Reserve Bank of India (RBI) removed Rs 2000 notes from circulation. Also, time was given till 30th September to exchange or deposit these notes. Since then many people have contacted banks. Even after that, notes have not been deposited in banks as per estimates. However, till this time the note of Rs 2000 will remain legal tender. After that the note will be removed from the category of legal tender.

The government had given this information in the Parliament

RBI had said that 50 per cent of the Rs 2,000 notes in circulation were returned to banks within 20 days of the announcement of withdrawal. Union Minister of State for Finance Pankaj Chaudhary had said in a written reply to a question in the Rajya Sabha on July 25 that Indian banks received 2,000 bank notes worth Rs 2.72 trillion till June 30 after the Reserve Bank announced their withdrawal on May 19. According to RBI, 76 percent of the Rs 2,000 notes in circulation have either been deposited in banks or exchanged.

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