New Rs 500 notes coming soon! These changes and updates you will get to see in future
The Reserve Bank of India (RBI) has announced that it will soon issue new Rs 500 currency banknotes. In a notification released on April 23, RBI said that the new Rs 500 notes will come with the signature of RBI governor Shaktikanta Das.
The Reserve Bank of India (RBI) has announced that it will soon issue new Rs 500 currency banknotes. In a notification released on April 23, RBI said that the new Rs 500 notes will come with the signature of RBI governor Shaktikanta Das. This will be the only change in the already existing Rs 500 notes. RBI clarified that the Rs 500 already issued by it and in circulation will continue to be legal tender. "The Reserve Bank of India will shortly issue ₹ 500 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹ 500 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹ 500 issued by the Reserve Bank in the past will continue to be legal tender," the notification read.
In another notification on the same date, RBI said that it will also issue new Rs 200 denomination banknotes in Mahatma Gandhi (New) series bearing the signature of Shaktikanta Das. It said that the design of these notes is similar in all respects to Rs 200 banknotes in Mahatma Gandhi (New) Series.
The Rs 500 notes in the Mahatma Gandhi (New) Series are stone grey in colour. The size of the note is 66mm x 150mm. Here are some features of the Rs 500 note.
On the front -
1 - See through register in denominational numeral.
2 - Latent image of the denominational numeral.
3 - Denominational numeral in Devnagari.
4 - Orientation and relative position of Mahatma Gandhi portrait changed.
5 - Windowed security thread changes colour from green to blue when note is tilted.
6 - Guarantee clause, governor's signature with promise clause and RBI emblem shifted towards right.
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7 - Portrait and electrotype watermark.
8 - Number panel with numerals growing from small to big on the top left side and bottom right side.
9 - Denomination in numerals with rupee symbol in colour changing ink (green to blue) on bottom right.
10 Ashoka Pillar emblem on the right.
For visually impaired:
Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, bleed lines and identification mark continue.
11 - Circle with Rs 500 in raised print on the right.
12 - 5 bleed lines on left and right in raised print.
On the back -
1 - Year of printing of the note on left.
2 - Swachh Bharat logo with slogan
3 - Language panel towards centre.
4 - Red Fort an image of Indian heritage site with Indian flag.
5 - Denominational numeral in Devnagri on right.