500 Rupee Note: As you all know, demonetization took place in 2016, and ever since then, money transactions are conducted mostly online. But there remain many people who feel it is safe to transact in cash. The 500 rupee note is now the highest currency note in India. Currently, fake 500 rupee notes are being found in the market in such a large quantity that every day hundreds of people are becoming victims of fraud, but the Reserve Bank of India has recently issued a new guideline regarding 500 rupee notes.
Well, as you all know, in 2023, the Central Government and the Reserve Bank of India has already dealt the blow with ban on the 2000 rupee note, and now with the note of 500 rupees being the national largest currency for in India. Beause of this, many fake 500 notes are being used in the Indian market these days and people are being cheated in the market almost every day. So if you want to never be caught cheating with fake 500 rupee notes then you need to know about the new guidelines of RBI.
RBI New Guideline On 500 Rupee Note
It is being told in the latest report that fake 500 notes have also reached the banks and ATM machines at this time. These fake notes are also missed out by the newly installed machines in bank as well as ATMs. Otherwise, you can be cheated if you do not check the note while transacting in such a situation. Reserve Bank of India (RBI) has recently issued a new way to identify counterfeit 500 rupee notes.
How To Identify Real Notes?
Read all the latest news and breaking news here Reserve Bank of India has released a new guideline to identify real notes. If you deal in cash also, then you have to know about the new guidelines of RBI. Keep in mind that the 500 rupee note, which has the signature of the RBI governor and the end of 500, according to the new guidelines, written in 500, is transparent. While on the earlier Rs 500 note, the words ‘Bharat’ in Hindi and ‘India’ in English are written at a lower level.
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