RBI introduces new currency features in Rs 500 Rs 1000 notes
RBI New Currency 2016 Pictures Images and Details
The Reserve Bank of India (RBI) said it will shortly put into circulation banknotes in the denominations of Rs 500 and Rs 1,000 incorporating three new/revised features.
The Bank note of Rs 500, Rs 1,000 will have a special feature which includes ascending size of numerals in the number panels, bleed lines and enlarged identification mark.
Reserve Bank of India (RBI) on Wednesday extended the deadline for exchanging pre-2005 currency notes of various denominations, including Rs. 500 and Rs. 1,000, by another six months to June 30, 2016.
The features will include ascending size of numerals in the number panels, bleed lines and enlarged identification mark, it said.
The RBI had recently put into circulation R500 banknotes with numerals in ascending size in number panels, but without bleed lines and enlarged identification mark. It has now added two more features to aid the visually impaired in easy identification of banknotes, apart from securing them against counterfeiting.
“The current banknotes will be without inset letter in the number panels. The notes will bear signature of Raghuram G Rajan, Governor. The year of printing (2015) appears on the reverse. Except for these features, the overall design of Rs 500 and Rs 1,000 banknotes have been retained,” the central bank said.
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Rs 1000 and 500 New Currency Notes In India By RBI
he apex bank said the numerals in both the numbering panels of banknotes will be in ascending size from left to right, while the first three alpha-numeric characters will remain constant in size.
The banknotes of Rs 500 denomination will have five angular bleed lines in three sets of 2-1-2 lines on the obverse in both, the upper left and the right hand edge of the banknote.
Similarly, Rs 1,000 banknotes will have six angular bleed lines in four sets of 1-2-2-1 lines on the obverse in both, the upper left and right hand edge of the banknotes. These will facilitate identification of these notes by visually impaired persons, RBI said in the press release.
The existing identification mark (circular-shape in Rs 500 and diamond in Rs 1,000) near the left edge of the banknote has been enlarged.
Please click on the notes to view the bigger version and details.
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The Reserve Bank has the sole authority to issue banknotes in India. Reserve Bank, like other central banks the world over, changes the design of banknotes from time to time.
The Reserve Bank has introduced banknotes in the Mahatma Gandhi Series since 1996 and has so far issued notes in the denominations of Rs.5, Rs.10, Rs.20, Rs.50, Rs.100, Rs.500 and Rs.1000 in this series.