“Exchanging Rs 2,000 Notes: Process and Identity Proof Required”

DelhiDesk: Starting May 23, bank branches will begin the process of exchanging 2000 rupee notes. The RBI has sent the format for exchanging notes to banks and it is mandatory for individuals to show original valid identity proof at the counter while exchanging notes. Six documents are acceptable for this purpose, including Aadhaar Card, Driving License, Voter ID Card, Passport, NREGA Card, and Population Register. The RBI made this decision to eliminate black money.

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Here is the news bullets sorted by DelhiBreakings.com team.

👉 The process of exchanging Rs 2,000 notes will start in bank branches from May 23.
👉 The format for exchange of notes has been sent to the banks.
👉 People need to show original valid identity proof at the counter while exchanging notes.
👉 One of the six documents, including Aadhaar Card, Driving License, Voter ID Card, Passport, NREGA Card and Population Register, has to be shown.
👉 The RBI took the decision for the purpose of eliminating black money.

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