New 500 And 2,000 Rupee Notes India Indian currency

New 500 And 2,000 Rupee Notes India Indian currency | Rayachoti360

Indian currency, new notes rupees New 500 And 2,000 Rupee Notes India, latest 2000 rupee note, latest 500 indian rupee note, ngc technology.

The ₹500 and ₹2,000 notes in India are part of the Indian currency system, introduced after the demonetization of ₹500 and ₹1,000 notes in November 2016. Here's some detailed information about these two currency notes:

New 500 And 2,000 Rupee Notes India Indian currency | Rayachoti360

₹500 Note:

- Introduced: November 2016, as part of the demonetization process.

- Design: The current ₹500 note features a portrait of Mahatma Gandhi in the center. It also includes a number of security features and images related to Indian heritage.

- Security Features:

- Watermark of Mahatma Gandhi's portrait.

- Security thread with a color-changing feature.

- Micro-lettering with RBI and 500.

- Optically Variable Ink (OVI) in the number panel.

- See-through register with a portrait of Gandhi.

- Holographic security strip with images of the national emblem.

- Color: The color of the ₹500 note is stone grey with an intricate design based on India’s heritage.

- Size: 66 mm × 150 mm.

New 500 And 2,000 Rupee Notes India Indian currency | Rayachoti360

₹2,000 Note:

- Introduced: November 2016, following the demonetization of ₹500 and ₹1,000 notes.

- Design: The ₹2,000 note features a Mahatma Gandhi portrait along with an image of the RBI Governor’s signature and a Mangalyaan (Mars Orbiter Mission) motif.

- Security Features:

- Watermark of Mahatma Gandhi.

- Security thread with color-changing properties.

- Micro-lettering with RBI and 2000.

- Holographic security strip with images of the national emblem.

- See-through register featuring the numeral 2000.

- Optically Variable Ink (OVI) in the number panel.

- Color: The color of the ₹2,000 note is magenta.

- Size: 66 mm × 166 mm.

New 500 And 2,000 Rupee Notes India Indian currency | Rayachoti360

Purpose and Context:

- These notes were introduced to curb the problem of black money, counterfeit currency, and corruption in India.

- While ₹500 is more commonly used for daily transactions, ₹2,000 is used for larger transactions, although its circulation has been gradually reduced in recent years by the RBI.

Current Status:

- The ₹2,000 note has been increasingly withdrawn from circulation as per the Reserve Bank of India’s policies and is expected to be gradually phased out over time, while ₹500 notes continue to be in regular circulation.

Both notes are part of the new series of currency notes introduced by the RBI post-demonetization, known as the Mahagram series or New India Series, with enhanced security features.

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New 500 And 2,000 Rupee Notes India Indian currency | Rayachoti360

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