Reserve Bank of India to issue new Rs 500 and Rs 1000 bank notes

Thursday, Oct 1, 2015,13:31 IST By Metrovaartha A A A

Chennai |The Reserve Bank of India (RBI) will shortly put into circulation bank notes in the denominations of Rs.500 and Rs.1000 incorporating three new features for the benefit of visually impaired people. 

The three new features were ascending size of numerals in the number panels, bleed lines and enlarged identification mark. An official release here today said Rs 500 and Rs 1000 bank notes with numerals in ascending size in number panels but without bleed lines and enlarged identification mark have already been
put into circulation by RBI.
The two new features have been added to help visually impaired in easy identification of bank notes and to secure the notes against counter feiting. The bank notes will be without inset letter in the number
The notes will bear the signature of Dr Raghuram G.Rajan Reserve Bank Of India Governor, it said, adding, the year of printing 2015 appears on the reverse.The overall design of Rs.500 and Rs.1000 banknotes have been retained.
All the Bank notes in these denominations issued hitherto by RBI will continue to be legal tender, the release said.