Archive · 2 Jun 2025
RBI: ₹2,000 Notes Worth Crores Still Circulating in India
The Indian government stopped using the ₹2,000 note in May 2023.
Most of these notes have been turned back in, but some are still being used.
About ₹6,181 crore worth of the notes are still out there.
People could originally exchange the notes at banks, and then at special RBI offices, and can still send them via India Post.
The notes still have value.
₹2,000 notes worth ₹6,181 crore remain in circulation.
The RBI withdrew the ₹2,000 note from circulation on May 19, 2023.
₹2,000 notes in circulation dropped from ₹3.56 lakh crore to ₹6,181 crore.
98.26% of the notes have been returned since the announcement.
Notes can still be deposited at RBI issue offices and via India Post.
- Who
- Reserve Bank of India (RBI)
- What
- ₹2,000 notes worth ₹6,181 crore are still in circulation despite being withdrawn.
- When
- May 19, 2023: Withdrawal announcement; May 31, 2025: ₹6,181 crore in circulation
- Where
- India
- Why
- Notes have not been fully returned despite the withdrawal.
- Value of ₹2,000 notes in circulation
- ₹6,181 crore
- Withdrawal Announcement Date
- May 19, 2023
- Value of ₹2,000 notes in circulation (May 19, 2023)
- ₹3.56 lakh crore
- Percentage of notes returned
- 98.26%
- Where notes can still be deposited
- RBI issue offices
