This lucky man from Lucknow is the first owner of the new Rs 50 note

While, the new Rs 200 note is set to be issued today, one man from Lucknow has already claimed that he has the first Rs 50 note.

Written by FE News Desk

New Delhi

August 25, 2017 12:58 IST

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The Reserve Bank of India (RBI) has released the images of new Rs 50 and Rs 200 notes in a gap of just 10 days. (Source: IE image)

The Reserve Bank of India (RBI) has released the images of new Rs 50 and Rs 200 notes in a gap of just 10 days. While, the new Rs 200 note is set to be issued today, one man from Lucknow has already claimed that he has the first Rs 50 note. According to a report by Bhaskar.com, Dr Raess from Uttar Pradesh’s Lucknow has claimed that he got the first new Rs 50 note that was dispersed by a bank in India. While expressing his delight he added that this note looks like the old Rs 5 currency note.

Yesterday, a Mumbai man was seen in possession of the new Rs 50 bank note. An exclusive picture of the man with the new note has been accessed by The Indian Express. The government had hinted at releasing new Rs 50 note last year after the demonetisation move. Back then, the Narendra Modi government had declared the old Rs 500 and Rs 1000 notes invalid and had issued new Rs 2000 notes instead.

The new denomination Rs 50 banknote in the Mahatma Gandhi (new) series bears the signature of central bank governor Urjit Patel. It has motif of Hampi with Chariot on the reverse, depicting the country’s cultural heritage. The base colour of the note is Fluorescent Blue. However, all the banknotes in the denomination of Rs 50 issued by the central bank in the earlier series will continue to be legal tender. The dimension of the banknote is 66 mm x 135 mm.

READ | New Rs 200 currency note may not be available in ATMs today; here is how you can get it

Here are the features of new Rs 50 note:

Obverse (Front)

1. See through register with denominational numeral 50,
2. Denominational numeral ५० in Devnagari,
3. Portrait of Mahatma Gandhi at the centre,
4. Micro letters ‘RBI’, ‘भारत’, ‘INDIA’ and ‘50’,
5. Windowed demetalised security thread with inscriptions ‘भारत’ and RBI,
6. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait,
7. Ashoka Pillar emblem on the right,
8. Mahatma Gandhi portrait and electrotype (50) watermarks,
9. Number panel with numerals growing from small to big on the top left side and bottom right side.

SEE PICS | Here are the new currency notes released by RBI

Reverse (Back)

1. Year of printing of the note on the left,
2. Swachh Bharat logo with slogan,
3. Language panel,
4. Motif of Hampi with Chariot,
5. Denominational numeral ५० in Devnagari.

This article was first uploaded on August twenty-five, twenty seventeen, at fifty-eight minutes past twelve in the night.