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How to Deposit ₹2,000 notes at your doorstep via Amazon Pay Cash Load Option
Amazon introduces a convenient doorstep cash load option for Amazon Pay, including ₹2,000 notes. Find all the details here.
Amazon Pay Cash Load allows users in India to deposit cash, including ₹2,000 notes, directly into their Amazon Pay Balance account, providing flexibility to spend up to INR 50,000 ($663) per month.
Amazon has introduced a convenient feature called Amazon Pay Cash Load, which allows users to deposit cash, including ₹2,000 notes, directly into their Amazon Pay balance account. This hassle-free service is available at your doorstep.
Deposit ₹2,000 notes into your Amazon Pay Balance account
Amazon Pay's cash load option allows you to conveniently deposit cash, including the elusive ₹2,000 notes, into your Amazon Pay Balance account, allowing you to load up to ₹50,000 monthly. This provides you with flexibility for your spending requirements. Funds can be used for various purposes, such as making purchases online, using Scan & Pay in stores, or shopping on Amazon using your available balance.
Deposit ₹2000 notes via Amazon delivery partner
During the delivery of your next order, you can easily deposit your desired amount of cash, including ₹2,000 notes, by handing it over to the delivery partner. An equivalent sum gets instantly deposited into your Amazon Pay balance account.
Transfer the loaded money the way you want
According to Amazon, you could transfer the loaded money to your bank account or send it to loved ones.
Exchange of ₹2000 notes start at banks
The exchange of ₹2000 notes at banks have started, in line with RBI instructions to withdraw India's highest denomination currency. RBI has guided customers to take two possible actions, either exchange their ₹2,000 notes or deposits for which the central bank has granted four months. Remember, the RBI is withdrawing ₹2,000 notes by September 30, 2023, as part of its ‘Clean Note Policy’. The cash load at doorstep service by Amazon Pay is helping consumers convert high-value notes for digital transactions.
The RBI Governor Shaktikanta Das has announced that a final decision regarding the future of ₹2,000 notes will be made by the end of the September 30 deadline for deposit or exchange. It remains uncertain whether these notes will maintain their legal tender status after that date. The RBI determination will be based on the number of ₹2000 notes returned to the banking system.
Top up your Amazon Pay Balance
With Amazon Pay’s ‘cash load at doorstep’ service, KYCed customers can hand over additional cash or leftover change to the delivery agent to load the same to their Amazon Pay balance during a cash-on-delivery order. Customers can deposit cash of up to ₹50,000 per month, including notes of ₹2,000 denomination. “The facility to top up your Amazon Pay balance with cash handed to delivery agents at your doorstep is one of our unique services in India available to full KYCed customers. Staying true to our mission, we will continue to provide holistic experiences to our customers by facilitating such simplified solutions and further catalyse the digital payments revolution in India,” says Vikas Bansal, Whole-time Director of Amazon Pay India.
Video KYC on the Amazon app
To avail of this facility, customers must complete video KYC on the Amazon app, which takes approximately 5-10 minutes. Once done, during their next cash-on-delivery order, they can hand over the currency notes to the delivery agent. The updated balance will reflect the customer’s Amazon Pay balance shortly after. Subsequently, customers can create a UPI handle on their balance account in under one minute and begin paying anyone, anywhere. Customers can scan & pay with any QR code in shops, send money to any phone number/ person, or pay on all their favourite online apps with the 24x7 convenience and security of Amazon Pay. For more details, please visit www.amazon.in/cashload
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