RBI Releases New Guidelines: Recently, the Reserve Bank of India (RBI) issued new guidelines regarding the ₹10, ₹20, ₹100, and ₹500 currency notes. The purpose of these new guidelines is to combat the issue of fake currency notes and to help the public identify genuine notes easily. In this article, we will share details about the new rules and features introduced by the RBI.
New Features in Currency Notes
According to the new guidelines, currency notes will now feature specific signs and patterns to help differentiate between genuine and fake notes. This step was deemed necessary due to the growing problem of counterfeit currency in the market.
Enhanced Security Features in Currency Notes
To ensure better security and to prevent the circulation of fake notes, the RBI has introduced several new security features. These include the addition of security threads, watermarks, and microtext to currency notes. These features will help people easily identify genuine notes and avoid counterfeit currency.
Security Features to Look for in the New Notes
- Security Thread: One of the key features is the introduction of a shiny security thread in the currency notes. This thread will change color when you tilt the note, making it easier to spot fake notes.
- Watermark: The new notes will also have a watermark featuring Mahatma Gandhi’s portrait along with the note’s denomination. This feature will help verify the authenticity of the note.
- Microtext: A new microtext feature has been added to the notes. This involves very small text printed on the note that can only be read with a magnifying glass. This feature ensures additional security.
How to Identify Genuine Currency Notes
To check the authenticity of a note, follow these steps:
- Security Thread Check: Examine the color-changing security thread by tilting the note under light. If the thread changes color, it’s a sign that the note is genuine.
- Watermark Check: Hold the note against a light source and check if Mahatma Gandhi’s portrait and the denomination are visible in the watermark. This will confirm the note’s authenticity.
- Microtext Check: Use a magnifying glass to read the tiny microtext printed on the note. If the text is visible and clear, it indicates the note is real.
What Will Happen to Old Notes?
Many people are wondering what will happen to the old currency notes. The RBI has clarified that old notes will continue to remain in circulation for now. However, over time, the new notes will gradually replace the older ones, and eventually, the older currency notes will be withdrawn from circulation.
With these new guidelines, the RBI aims to make it easier for the public to recognize genuine currency notes and reduce the impact of fake notes in the economy.
