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Saturday, May 1, 2021

How much will the bank refund if 2000 notes are torn, the bank will never accept such notes by cloud storage -

How much will the bank charges be refunded if the 2000 notes are broken, the bank will never accept such notes for cloud storage

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The Reserve Bank of India has set certain rules for the repayment of broken notes.

In accordance with these central bank rules, the bank reimburses customers in exchange for broken notes.


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 There are many types of questions in people's minds about broken notes. One of the questions is, if a large note of Rs 2,000 is torn, how much will the bank pay? As a rule, you get a refund based on how torn your note is.

According to the Reserve Bank's official website, the current Rs.


 However, the bank is not obliged to exchange all types of notes. If the note is broken and the notes are blown, the bank may refuse. If the note is not artificial, it can be changed.

 One thing to keep in mind is that the bank does not charge you for exchanging notes. This service is provided by the bank for a fee.

 Let me tell you that the RBI has explicitly instructed banks not to accept a single note deliberately torn by a customer. If a bank employee looks closely, we can see that the note was either intentionally or accidentally cut.

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