RBI To Issue Fluorescent Blue Rs 50 Banknotes

Posted By:
Subscribe to GoodReturns

The Reserve Bank of India (RBI) will soon introduce new fluorescent blue Rs 50 banknotes bearing the motif of 'Hampi with Chariot' that depicts India's cultural heritage.

RBI said it would shortly issue these Rs 50 denomination banknotes in the Mahatma Gandhi (new) series.

"The new denomination has the motif of Hampi with Chariot on the reverse, depicting the country's cultural heritage. The base colour of the note is fluorescent blue," RBI said in a release. New Rs 20 Notes Coming To Your Wallet: All You Need To Know

RBI To Issue Fluorescent Blue Rs 50 Banknotes

Among others, the new notes will have designs and geometric patterns aligning with the overall colour schemes, both at the obverse and reverse, RBI said.

On the obverse/front side, the note will have a portrait of Mahatma Gandhi at the centre, the denominational value in Devanagari script, micro letters RBI, India - both in English and Devanagari - as well as the numeral '50'.

The Ashoka pillar emblem will be on the right side of the obverse, and an electrotype watermark and the number panel with numerals in ascending order on the top left side and bottom right side.

The new note having dimensions of 66 mm by 135 mm will bear the year of printing on the reverse side, a Swachh Bharat logo with the slogan, language panel and the motif of 'Hampi with Chariot.'

"All the banknotes in the denomination of Rs 50 issued by the Reserve Bank in the earlier series will continue to be legal tender," RBI added.

Goodreturns.in

Read more about: rbi, notes
Story first published: Saturday, August 19, 2017, 10:33 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC