Rs 1000 notes: Here is what’s new and how it will make a difference

Here's all you need to know about the security features on the new Rs 1000 notes.

By: Express Web Desk | New Delhi | Published:May 11, 2016 3:28 pm
Rs 1000 note, rbi, new bank notes, raghuram rajan, rajan news, 1000 rupee note, currency, india notes, india currency note, news, india news, business news These banknotes will also have the year of printing ‘2016’ printed on the reverse.

The Reserve Bank of India will soon issue Rs 1000 denomination banknotes with the inset letter ‘R’ in both the number panels.

The banknotes will also have on the obverse, all the other security features, including ascending size of numerals, bleed lines and enlarged identification mark as well as the signature of RBI Governor Raghuram Rajan.

These banknotes will also have the year of printing ‘2016’ printed on the reverse.

The design of these banknotes notes to be issued is similar in all respects to the Rs 1000 banknotes in circulation. All the banknotes in the denomination of Rs 1000 issued by RBI in the past will continue to be legal tender.

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Here’s all you need to know about the security features on the Rs 1000 notes:

* Ascending size of numerals in numbering panels – Numerals in both the numbering panels of banknotes will be in ascending size from left to right, while the first three alpha-numeric characters will remain constant in size.

* Bleed lines – The banknotes of Rs 500 denomination will have five angular bleed lines in three sets of 2-1-2 lines on the obverse in both, the upper left and the right hand edge of the banknote.

* Rs 1000 banknotes will have six angular bleed lines in four sets of 1-2-2-1 lines on the obverse in both, the upper left and right hand edge of the banknotes. These will facilitate identification of these notes by visually impaired persons.

* The existing identification mark (circular-shape in Rs 500 and diamond in Rs 1000) near the left edge of the banknote has been enlarged.

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