The Reserve Bank of India (RBI) unveiled the Rs 2000 note on November 8, 2016. The RBI announced that it would taking the note out of circulation on May 19, 2023.
The note will continue to be accepted as legal cash, but the central bank has asked that people deposit or exchange their notes at banks by September 30, 2023.
The Rs 2000 note is India’s biggest denomination currency note as long as it is still considered legal tender.
The note was released as part of the government’s effort to combat corruption, black money, and counterfeit money known as demonetisation.
The Ashoka Pillar Emblem, a photograph of Mahatma Gandhi, and the RBI Governor’s signature may be seen on the obverse side of the magenta-colored Rs 2000 note. It