Friday, June 26, 2015

RBI gives Rs 100 note a makeover, check out the new security features here

In its uphill battle to fight fake currency notes, the Reserve Bank of India (RBI) has one more trick up its sleeve. RBI on Thursday announced that they have given the Rs 100 a makeover. Well, almost. As per the apex bank's notification, RBI has issued Rs 100 denomination banknotes in Mahatama Gandhi series-2005 with a new numbering pattern.

What's new: The notification on the bank's website says, "The numerals in both the number panels of these banknotes will be in ascending size from left to right, while the first three alphanumeric characters (prefix) will remain constant in size."

Such a move will enhance the security of the banknote, as general public can easily see this new security feature, and hence distinguish a fake note from a real one.

Other features of the makeover note, are same as the current design of Rs 100 banknotes in MG series-2005. Hence, the new will also have the ?" symbol on the obverse and the reverse, an inset letter 'R' in both the numbering panels, The note will also have the signature of RBI Governor, Raghuram Rajan along with the year of printing 2015.

Keep in mind: Though the new has come, that does not mean the old has gone. All banknotes in the denomination of Rs 100 issues in the past continue to give bang for the buck. In due time other denomination notes will also get this visible security feature makeover.

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