The Reserve Bank of India (RBI) on Thursday said that it will soon issue Rs 10 denomination notes with enhanced security features for the circulation.
The Reserve Bank of India (RBI) on Thursday said that it will soon issue Rs 10 denomination notes with enhanced security features for the circulation. Earlier last month Economic Affairs Secretary Shaktikanta Das clarified that the government has no plans to introduce new currency notes of Rs 1,000 denomination. In a tweet, he added that the focus presently is on production and supply of Rs 500 currency notes and those of lower denomination. Let’s look at five security features which the Central Bank plans to introduce:
1) The banknotes in the Mahatma Gandhi series-2005 are to carry inset letter ‘L’ on both number panels, bearing the signature of Governor Urjit Patel.
2) The year of printing, 2017, will be on the reverse of the note.
3) Numerals on both the panels will be in ascending size from left to right.
4) The first three alpha-numeric characters (prefix) will remain constant in size.
5) “All the banknotes in the denomination of Rs 10 issued by the Bank in the past will continue to be legal tender,” the central bank said.
To replace old notes of Rs 500 and Rs 1,000, the RBI had issued new notes of Rs 500 and Rs 2,000 which carried new designs, better security features and the picture of Mangalyaan on the back of the notes. The new notes were issued to replace Rs 15.44 lakh crore worth of demonetised currency notes.
Here is a Quick Look At Security Features Of New Rs 2,000 & Rs 500 Notes To Avoid Counterfeiting:
Common to both denomination notes:
* See-through register with denominational numeral can be seen when the note is held against it.
* Latent image with denominational numeral can be seen when the banknote is held at 45-degree angle at eye level.
* Denominational numeral in Devnagari.
* Colour shift windowed security thread with inscriptions ‘????’, RBI and denominational numeral. Colour of the thread changes from green to blue when the note is tilted.
* Guarantee clause, Governor’s signature with Promise Clause and RBI emblem towards the right.
* Mahatma Gandhi portrait and electrotype watermarks.
* Number panel with numerals growing from small to big on the top left side and bottom right side.
* Denominational numeral with Rupee Symbol, in green to blue color changing ink.
* Ashoka Pillar emblem on the right.
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For visually impaired:
Raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem.
* Year of printing of the note on the left
* Swachh Bharat logo with slogan
* Language panel towards the center.
The central bank has not shared information of the total value of Rs 500 and Rs 2,000 notes that have been issued.