Counterfeit Rs.500 notes have turned into a major issue. Innocent individuals are exploited by reprobates abandoning them at a misfortune. Thus, in the event that you are holding another Rs.500 note, you should check it for realness. In the event that you are among those individuals who used to trust that there can’t be a fake of the new note, at that point you are stuck in an unfortunate situation as the RBI has rung the alert. Check the huge numbers.
The new currency notes acquainted post demonetisation fizzled with keep a beware of phony or fake notes. The most recent information by Reserve Bank of India’s (RBI) yearly report 2017-18 has uncovered that the quantity of Rs.500 fake notes got have ascended to 9,892 in FY18 from 199 in FY17.
The report said that an aggregate (all sections) 522,783 bits of phony notes were distinguished in the banking system amid 2017-18.
“Fake notes identified in prohibited monetary standards diminished by 59.7% and 59.6% in the divisions of Rs.500 and Rs.1,000, individually, as the same included just the leftover piece of SBN stores handled amid the year 2017-18,” RBI said in its yearly report.
The new Rs.500 notes which have propelled features and new outline have neglected to invalidate the point of countering counterfeit notes.
“The new Rs.500 notes in the Mahatma Gandhi (New) Series are unique in relation to the SBN (withdrawn series) in colour, estimate, theme, area of security features and outline components. The measure of the new note is 66mm x 150mm. The shade of the notes is stone grey and the transcendent new subject is Indian legacy site – Red Fort,” RBI had said.
It was said at the season of the arrival of new notes that its new reinforced features and plans would make it difficult to fake the note. Notwithstanding, the new RBI information has put a conclusion to all that discussion.
Along these lines, on the off chance that you are in control of such notes, rapidly whip them out of your pocket, wallet or handbag and check. Here is the manner by which to tell on the off chance that they are veritable and not phony:
1. The Reserve Bank of India issue Rs.500 category banknotes in Mahatma Gandhi (New) Series with inset letter ‘E’ in both the number boards.
2. It bears the signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India
3. Swachh Bharat Logo is imprinted on the turn around of the Banknote.
4. The new Rs 500 banknotes are not the same as the prior indicated monetary order (SBN) series in color, theme, size, area of security features and design components; the central features are –
a) The size is 66mm x150mm
b) The color is stone grey
c) Red Fort-a picture of Indian legacy site with Indian flag on the reverse
5. The banknote additionally has features (intaglio printing of Mahatma Gandhi representation, Ashoka Pillar seal, drain lines, hover with Rs.500 morally justified, and the identification proof stamp). These empower the outwardly weakened individual to distinguish the category.
On the off chance that you simply discovered one, you should make a beeline for your bank and advise them about it.