The Reserve Bank of India (RBI) will issue the new Rs 200 denomination banknotes starting today. The image of this new note was released by RBI on Thursday through a press release. The new denomination has Motif of ‘Sanchi Stupa’ on the reverse, depicting the country’s cultural heritage. The base colour of the note is bright yellow. It has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. The notes will be in the Mahatma Gandhi (new) Series, bearing the signature of RBI Governor Urjit R Patel, the RBI said.
The new Rs 200 notes look nice and most of you would be dying to get your hands on them. However, according to a report by The Indian Express, you will have to wait a bit longer as the new Rs 200 note may not be available through ATMs because they will have to be recalibrated to accommodate the new note.
“Since the length of the new Rs 200 currency is different from the existing currency in circulation, cassette calibration is required to be done. ATM manufacturers need to do a complete testing of the new Rs 200 denomination currency and provide the parameters which need to be configured at the ATM by an engineer. At the ATM switch level, we will require to do switch configuration and complete testing of new 200 denomination currency before implementation,” Himanshu Pujara, managing director, Euronet Services India Pvt Ltd was quoted saying in the report.
Here are the new currency notes released by RBI
Before you suffer a heartbreak, let us tell you that you can still get the new Rs 200 note. It will be will be available at bank branches in the same way the Rs 20 and Rs 50 notes are distributed. The introduction of a new currency denomination (Rs 200) and design are done keeping in consideration various factors like ease of transactions for the common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting, the RBI said.