The country’s use of the Rs 2000 note will soon end, according to the RBI. After that, the 2000 rupee note that is in the possession of the public must be placed back into the banks. The deadline for this has been set for 30 September 2023. The largest note in the nation will continue to be 500 rupees following the 2000 rupee note. Additionally, the country has enough 500 rupee notes in circulation. People ought to be able to distinguish between genuine and phoney 500 rupee note in such a scenario.

500 rupee note

The front of the 500 rupee note features a photograph of Mahatma Gandhi, according to the Reserve Bank of India. The Reserve Bank of India Governor’s signature can be found on notes with a face value of 500. On the back of the note, a picture of the “Red Fort” shows the cultural legacy of the nation. Stone grey serves as the note’s background colour, but it also has additional motifs and geometric patterns that match the colour scheme on the front and reverse of the note.

How to spot phoney Rs. 500 bills

The RBI claims that the original Rs. 500 notes contain specific features. The RBI has specified some characteristics of the Rs. 500 note; if these characteristics are absent, the Rs. 500 note is false. This makes it simple to spot a phoney 500 rupee note. Common people should learn to distinguish between authentic and phoney 500 rupee bills in this situation.

This is the speciality of the original 500 rupee note

• The original Rs. 500 note is 66 mm by 150 mm in size.
• In the centre will be a photograph of Mahatma Gandhi.
• The Devanagari script will be used to write the denomination 500.
• India and “Bharat” will be inscribed in tiny letters.
• 500 will be recorded as the denomination digit.
• When the white area on the front of the note is illuminated, an image of 500 will be discernible.
• A comic strip with the words “India” and “RBI” will appear. When the note is tilted, the strip’s colour shifts from green to blue.
• The promise and guarantee clauses, the governor’s signature, and the RBI insignia are all located to the right of Mahatma Gandhi’s image.
• Mahatma Gandhi’s photo and electrotype (500) will be watermarked.
• The top left and bottom right of the screen will each have a number panel with ascending-font numerals.
• On the bottom right of the denomination is a rupee symbol (500) in colour-changing ink that changes from green to blue.
• The Ashoka Pillar emblem will be located on the right side.

Features on the reverse side of the note:

• On the left side will be the note’s printing year.
• The slogan will include the Swachh Bharat logo.
• A panel on languages will be present.
• The theme will be Red Fort.
• The number 500 will be spelt out in Devanagari.

Read more: If I want to exchange a 2000 Rupee Note, do I need to fill out a form & apply ID? Know the truth

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