Beware! How to spot a fake Rs 500 and 2,000 note

In two separate incidents, people had received coloured photocopies of the new 2,000 note

Bengaluru, Nov 16: A week after prime minister Narendra Modi announced scrapping of Rs 500 and Rs 1,000 notes, people still continue to line up outside banks and ATMs to withdraw/ deposit or exchange currency.

Though new Rs 500 and Rs 2,000 notes have been released by the RBI, there are already incidents of people receiving fake Rs 2,000 notes. Although not a counterfeit, these notes were mere photocopies of the new Rs 2,000 note.

In several places, people are still not accepting the new Rs 2,000 notes as they are unaware of the identification marks on the currency. In order to help people, the RBI released a few guidelines on how to identify the new Rs 2,000 note.

Like the previous demonetised notes, in the new notes one can touch and feel them to identify a fake.

Other features of the new Rs 2,000 note are:

Front side features

• See through register where the numeral 2,000 can be seen when note is held up against light.

• Latent image of 2,000 can be seen when the note is tilted.

• Colour shift on the security thread with 'RBI' and '2,000' can be seen.
  

• Watermarks of Mahatma Gandhi and electrotype 2,000 numeral on the currency.
  

• Number panel with numerals growing from small to big on top left and bottom right sides.

• Seven "bleed lines" on the side of the Rs 2,000 notes in raised printing or intaglio.

• Size is 66mm x 166 mm.

Reverse side features

• Swachh Bharat logo can be seen on the reverse.
  

• Mangalayan motif and year of printing, 2016 too can be seen.

Front side features of the new Rs 500 note

• See through register in denomination numeral.

• Latent image of the denomination numeral.

• Orientation of Mahatma Gandhi's portrait changed in the new note.
  

• Portrait and electrotype watermarks.

• Number panel with numerals growing from small to big on top left and bottom right sides.

• The new Rs 500 note at 63mm x 150mm is smaller in size than previous one.
  

Reverse side features

• Swachh Bharat logo

• Red Fort image with the Indian flag

The new Rs 500 note too has some features including one circle with Rs 500 in raised print on the right, which can be detected by the visually impaired.

There are five lines on Rs 500 notes in raised printing or intaglio, one of the may features to spot a fake.

(With IANS inputs)

OneIndia News