Eleven Things You Can Do With The New Rs 2,000 Note

Is the Rs 2,000 note a great idea? When small currency is short, who will take a Rs 2,000 note and give back the change?

We racked our brains and came up with this list of things to pay for, which would be well-served by the new Rs 2,000 note.

1. Filling up your petrol tank

With petrol price averaging Rs 72 in Mumbai and Bengaluru, filling up the fuel tank of a regular Alto would cost Rs 2,500.

2. A meal for two at a fancy restaurant

Two persons can have lunch at a five-star restaurant and possibly pay for it with just one note.

3. Movie tickets for a friends’ day out to the theatre

With movie tickets priced at an average of Rs 250 per person, a group of eight friends can catch a film at a high-end multiplex for Rs 2,000.

4. Paying the monthly rent

People can now pay their rent with fewer notes. Since many landlords only accept cash, this can certainly come in handy.

5. Purchasing your quarterly provisions

The average person can buy 25kg of rice and 10kg of atta and still have money to spare if a Rs 2,000 note is used.

6. Taking a short vacation

A passenger can buy a ticket for an air-conditioned three-tier train seat aboard the Mumbai-Delhi Rajdhani Express for Rs 2,085. Similarly, they can buy a round-trip ticket aboard a KSRTC bus from Mumbai to Bengaluru at a little over Rs 2,000.

7. Buying new electronic gadgets

With an entry-level Android smartphone costing Rs 6,000 to slightly more powerful ones priced at Rs 8,000, three or four of the Rs 2,000 currency notes can get you a good phone. Thirteen of these notes could also get you a refrigerator.

8. Paying the school or college fees

Not including the medical colleges, since they charge such exorbitant fees to admit students, those in regular schools and colleges can pay their term or semester fees with fewer notes.

9. Investing in gold

As gold is an evergreen investment in India, those looking to buy it can now do so with fewer notes than earlier. Now that gold prices are peaking at Rs 29,900 for 10g at 24 karats, all it takes is 15-odd notes to get some of that rare yellow metal.

10. Upping your fashion quotient

People can now opt for cash-on-delivery for high-end brands and pay for them using the new notes.

11. Showing off

Yes. People can show off that they are rich by flashing the new pink note, at the risk of getting robbed however.