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All you need to know about the new Rs 500, 1,000 bank notes

All you need to know about the new Rs 500, 1,000 bank notes

All you need to know about the new Rs 500, 1,000 bank notes

The Reserve Bank will issue Rs 500 and Rs 1,000 bank notes with additional features to aid the visually impaired in identification.

RBI said it is committed to continually bring about modifications in the design of bank notes with changing times.

All the notes in circulation will continue to be legal tender, it added.

Here are the new additions to the the new notes:

The central bank said the new Rs 1,000 and Rs 500 denomination bank notes will have numerals in both the numbering panels in ascending size from left to right.

The first three alpha-numeric characters will remain constant in size.

Rs 500 denomination bank notes 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 bank note.

Rs 1,000 bank notes 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 bank notes.

Both kind of bank notes will have enlarged identification mark with a circular shape for Rs 500 and a diamond shape for Rs 1,000 near the left edge of the currency.