RBI changed the currency! You will be able to easily understand the difference between real and fake, increase security features.

RBI Currency Update: RBI is going to make changes in 100 and 500 rupee notes. The Reserve Bank has tightened the security standards of the most used currencies i.e. Rs 100 and Rs 500 notes. Soon Rs 100-500 notes with new security will start appearing in the market. In such a situation, this question also comes in the minds of people that what will happen to the notes of Rs 100 and Rs 500 already present in the market? Will those notes work or will they stop? Let us know about it…

Will the notes go out of circulation?

Information has been given by RBI that for the security of Rs 100 and Rs 500 notes, it is necessary to strengthen them. Despite the increasing popularity of digital payments, cash is still used extensively. It is used for transactions in rural areas as well as in many places like transport and small businesses. Due to this, security features have been increased in 100 and 500 rupee notes. However, no information has been given about whether the existing notes will be banned or taken out of circulation.

Why will the notes be changed?

RBI says that to keep the note in circulation for a long time, it is necessary to make it safe and strong. Due to this, RBI has increased the security features with the new series of Mahatma Gandhi so that the trend of fake notes can be curbed.

What changes were made?

Let us tell you that along with the watermark, micro printing and ink of the notes, changes have been made in the paper of the notes. Regarding this, former banker Subramanian said that not only RBI but central banks all over the world are making changes in their currency.

change in 100 rupee note

RBI has indicated that the design of Rs 100 note will not be completely changed. Only improvements will be made in it. The printing contrast of the note and the strength of the ink are being increased. After this, despite folding the note several times, it will not spoil quickly. Besides, changes will also be made in watermark and security thread.

change in 500 note

The design of Rs 500 note has been improved. This time the uniformity of colors has been increased. Both old and new notes will be accepted. Both types of notes will be accepted in ATM or bank, there will be no problem in this.