Saturday, May 11, 2024

Rs 500 note may be fake! know how to identify a fake note

The RBI recently announced the withdrawal of the Rs 2000 note. According to the RBI, 2000-rupee notes can be deposited in the bank or changed. The 500 rupee note will continue to be the largest note on the market following the 2000 rupee issue. However, do you know if the Rs. 500 note you hold is genuine or counterfeit? Customers can distinguish between real and phony Rs 500 notes with the use of information provided by the Reserve Bank of India (RBI). You can use this method to determine whether the 500 rupee note you’re carrying is real or fraudulent.

Rs 500

500-rupee bill

The Reserve Bank of India’s Governor has signed the Mahatma Gandhi (New) series of laminated notes, which have the “Red Fort” as their motif, representing the nation’s rich cultural legacy. Stone Grey is the hue of the base note. Both the obverse and reverse of the note have additional artwork and geometric patterns that complement the overall color scheme. The size of the note is 63 mm x 150 mm, according to RBI.

Rs 500

Features of the Rs 500 note, per the RBI:

1) A clear register with the denomination 500.
2) Latent picture bearing the denomination 500.
3) The Devanagari script is used to write the denominational number 500.
4) The centerpiece features a portrait of Mahatma Gandhi.
5) The Devanagari micro letters “Bharat” and “INDIA”
6) A security thread that is colored and inscribed with the words “Bharat” (in Devanagari) and “RBI”. When the note is tilted, the thread’s color switches from green to blue.
7) To the right of Mahatma Gandhi’s photo are the guarantee clause, the governor’s signature with a promise clause, and the RBI emblem.
8) Mahatma Gandhi Electrotype and Portrait Watermark (500).
9) Number panel on the top left and bottom with rising numbers.

Rs 500

10) In the bottom right corner is a denomination numeral with the rupee sign (Rs. 500) in color-changing ink (green to blue).
11) On the right, an Ashoka Pillar logo

Facilities for the blind include an image of Mahatma Gandhi (4), an intaglio or raised print of the Ashoka Pillar emblem (11), and a circular identification mark with a micro text on the right for 500 rupees on both the left and right sides. On the sides, five angular bleed lines.

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