RBI issued new 500 and 2000 rupee note

After the Prime Minister Narendra Modi made the  old 500 and 1000 Indian currency  notes illegal in an announcement on 8th November 2016, Reserve Bank of India, India’s central banking institution, which controls the monetary policy of the Indian rupee, released the details of the new currency note of Rs. 500 and Rs. 2000.

Salient features of the new currency

Rupee 500 note

 

New Indian 500 currency
Image credit: http://www.bemoneyaware.com/

Feature:

  1. Size: 66mm x 150mm
  2. Color: Stone Grey
  3. Theme: Indian heritage site- Red Fort.  On the backside of the note, an image of Red Fort with the Indian flag is placed.

For Visually impaired:

  1. Circle with Rupee 500 in raised print on the right.
  2. 5 angular bleed lines on left and right side in raised print.

 

Rupee 2000 note

New Indian 2000 currency
Image credit: http://www.bemoneyaware.com/

Feature:

  1. Size is 66mm x 166mm
  2. Color of the note is Magenta
  3. On the backside of the note, a motif of Mangalyan is displayed depicting country’s first venture into interplanetary space.

For Visually impaired:

  1. Horizontal rectangle with Rupee 2000 in raised print on the right.
  2. 7 angular bleed lines on left and right side in raised print.

Common Features of new 500 and 2000 note:

Obverse (Front)

  1. See-through register with denominational numeral 500 or 2000, visible when the currency is held against a light.
  2. Latent image with denominational numeral
  3. Denominational numeral is in Devnagari
  4. Portrait of Mahatma Gandhi is in the center
  5. Micro letters ‘RBI’ and denominational numeral on the left side of the banknote.
  6. Windowed security thread with inscriptions ‘Bharat’, RBI and denominational numeral on banknotes with colour shift. Colour of the thread changes from green to blue when the note is tilted.
  7. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right.
  8. Denominational numeral with Rupee Symbol in colour changing ink (green to blue) on bottom right.
  9. Ashoka Pillar emblem on the right.
  10. Mahatma Gandhi portrait and electrotype watermark.
  11. Number panel with numerals growing from small to big on the top left side and bottom right side

For Visually Impaired

Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, bleed lines and identity mark.

Reverse (Back)

  1. Year of printing of the note on the left
  2. Swachh Bharat logo with slogan on the left
  3. Language panel towards the center
  4. Denominational numeral in Devnagri on the right

That is all about new currency note.

Credit:

  1. “Now your bank notes in a new design RBI issues Rs. 2000 & Rs. 500 notes in a new series” retrieved from https://www.rbi.org.in

For extra knowledge:

A short history of 150 years of paper currency in India

 

 

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