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RBI To Issue Rs 500, Rs 100 Banknotes With More Security Features

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The Reserve Bank of India (RBI) said that it will incorporate new design with more security features in order to deter counterfeiting activities.

The Reserve Bank of India recently introduced bank notes in Rs 100, 500 and 1000 denominations with ascending size of numerals in number panels.

Also read: 3 Ways To Identify New Rs 500 And Rs 1000 Banknotes

RBI To Issue Rs 500, Rs 100 Banknotes With More Security Features
 

Subsequently, banknotes in Rs 500 and Rs 1000 denominations having two more features (in addition to the ascending size of numerals) i.e. bleed lines, and enlarged size of identification mark have also been introduced

The Reserve Bank of India will now put into circulation Rs 100 denomination banknotes incorporating all the aforesaid three new/ revised features, namely, ascending size of numerals in the number panels, bleed lines, and enlarged identification mark, in addition to the existing ones, in the Mahatma Gandhi Series-2005.

The design of these notes to be issued now is similar in all respects to the Rs 500 Banknotes in Mahatma Gandhi Series-2005 issued earlier. These notes will, however, have ascending size of numerals in the number panels, bleed lines, and enlarged identification mark, on the obverse. The notes with these features were introduced for the first time in September 2015.

However, all banknotes in the denomination of Rs 500 issued by the Bank in the past will continue to be legal tender.

Goodreturns.in

Read more about: rbi currency
Story first published: Saturday, January 23, 2016, 10:45 [IST]
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