If you are not liking to go to the bank to deposit your Rs 2,000 notes then Amazon has come up with sort of a convenient solution as Amazon is offering a new Amazon Pay Cash Load option, where you can deposit cash, including those elusive Rs 2,000 notes, into your Amazon Pay balance account at your doorstep.
You can load cash up to Rs 50,000 per month, which gives you flexibility for your spending needs.
With the loaded money you can pay for online purchases, use Scan & Pay at stores, or shop on Amazon using the balance.
Amazon claims that you can even transfer it to your bank account or send it to friends and family.
How to Deposit Rs 2,000 Notes via Amazon Pay?
While your upcoming order delivery, simply hand over the cash you want to deposit, including those Rs 2,000 notes, to your delivery associate.
The same amount is instantly deposit into your Amazon Pay balance account.
The Reserve Bank of India (RBI) decide to withdraw Rs 2,000 notes from circulation in May.
You can deposit the currency or exchange it before 30th September 2023.
RBI claim that it took this step as banknotes in other denominations are available in adequate quantities.
RBI Governor Shaktikanta Das, said that a decision regarding the fate of the Rs 2,000 notes will be made closer to the 30th September 2023 deadline for deposit or exchange.
Amazon to Help Indian Customers Exchange Rs. 2,000 Note via Amazon Pay Wallet: Here's How
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As of now, it’s unclear whether these notes will continue to be legal tender beyond that date.
The RBI’s decision will depend on the number of Rs 2,000 notes return to the banking system.
Shaktikanta Das has assure the public that the withdrawal of the highest denomination currency will not have any negative consequences on the economy.
He has emphasize that any impact would be minimal and that the RBI will address any difficulties individuals face during this transition.
Currently, it is expect that the majority of Rs 2,000 notes will be return to the banking system by the 30th September 2023 deadline.
The RBI introduce this deadline to ensure the seriousness of the announcement and to provide a clear timeframe for the process.
Shaktikanta Das has reassure citizens, including senior citizens and individuals residing abroad, that their concerns will be treat with sensitivity, and remedial measures will be taken if necessary.
So, while you wait for the RBI’s decision on the future of Rs 2,000 notes, Amazon’s Cash Load option provides a convenient way to handle your cash, including those Rs 2,000 notes.
