INDIA

No ID or Slip Required for Rs 2,000 Exchange: SBI Issues Clarification, Allows Exchange of Rs 2,000 Currency Notes Without Identity Proof and Form

The bank's statement clarification comes in the wake of speculations and false information spreading on social media that instructed tenderers to submit a form along with identifying credentials such as an Aadhaar card.

No ID or Slip Required for Rs 2,000 Exchange: SBI Issues Clarification, Allows Exchange of Rs 2,000 Currency Notes Without Identity Proof and Form
Representational Image (Photo Credit: Wikimedia commons)

The State Bank of India has clarified that customers can exchange bank notes with denominations of up to 20,000 rupees at the banks without needing a requisition slip. At the time of the note exchange, the tenderer is not needed to provide any identification verification. The bank's statement clarification comes in the wake of speculations and false information spreading on social media that instructed tenderers to submit a form along with identifying credentials such as an Aadhaar card. Rs 2000 Currency Notes To Be Withdrawn! RBI Asks Banks Not To Issue Rs 2000 Banknotes With Immediate Effect, Currency Continues To Be Legal Tender.

 SBI Issues Clarification on Exchange of Rs 2000  Notes 

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(The above story first appeared on LatestLY on May 21, 2023 03:14 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).