Thursday, October 1, 2015

2 New Features on 500 & 1000 Rupee Bank Notes

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Have you heard about the Reserve Bank of India’s amendment in Rs 500 and Rs 1000 notes? Not yet? Don’t worry! Here, in this article you will get to know everything about it. Read the information stated below. 

2 New Features on 500 & 1000 Rupee Bank Notes

500 & 1000 Rupee Bank Notes

The Reserve Bank of India (RBI) has enhanced some new features on Rs 500 and Rs 1000 bank notes. Are you curious to know about it? Well, even I was! Let’s have a look at the new features of Rs 500 and Rs 1000 notes.

Here is the image showing the new additional features on Rs 500 and Rs 1000 bank notes.


As you can see in the above image, there are some additions in both the notes. It is explained thoroughly below.

1. Ascending size of numerals in numbering panels–The numerals in both the numbering panels of banknotes will be arranged in ascending size from left to right. Though, the first three alpha-numeric characters will be in the same size.
 

2. Angular Bleed Lines–The bank notes of Rs 500 will have five angular bleed lines in three sets of 2-1-2 on the obverse in both the upper left and the right hand edge of the banknote. Likewise, on Rs 1000 banknote there will be six angular bleed lines in four sets of 1-2-2-1 on the obverse in both the upper left and right hand edge of the banknote. It will assist identification of these notes by visually weakened persons.
 

3. Enlarged Identification Mark–The current identification mark near the left edge of the banknote has been enlarged.

There are numerous cases of fake Indian currency smuggling from Bangladesh, Pakistan, and Nepal. In addition, it has moved to some of the central southern Asian countries. Malaysia, Oman, and Thailand visited by Indians have arisen as the new centers for stocking Fake Indian Currency Notes and mixing it across India.

These new additional features of Rs 500 and Rs 1000 notes will bring up a stop on fake currency trading. When you come across a different looking 1000 and 500 rupee note, don’t think that you have been cheated.Those are the new features of both the banknotes!

Ask us a question if you have any regarding it.


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