This story now
IN Lifestyle ON 18 Oct, 2016
When you withdraw a certain amount from ATM, you surely count it once it ejects out from the money vending machine. But while counting the money withdrawn, have you noticed the pattern of the currency note? Do you ever minutely take a look at the prints and designs on it? Have you ever even thought of reading the note series?
The probability of answer- NO is more. Because until and unless someone cheats on us, we don't realize the necessity of taking care of such things as well.
As they say, "Prevention Is Better Than Cure." You should always keep a check on certain features of the Currency Note. This is the only solution to give dupes a run for their money.
The Reserve Bank Of India issues some new currency notes every year, and they precisely design it with whole new features, that is entirely different from that of previous year's.
So, scroll down to grab some knowledge about the features of the new note of Rs 500 and Rs 1000 issued at the beginning of this year. These are not just features but are security features to protect your money.
The first and foremost feature of Indian Currency Notes is its distinct and exclusive watermark of revered Mahatma Gandhi. The 2016 issue of Rs 500 and Rs 1000 notes has a unique Mahatma Gandhi Watermark. They bear a peculiar light and shade effect along with a multi-directional watermark window.
Numerals mentioned 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.
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 1,000 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 banknotes.
This unique security feature is made to provide aid to visually impaired persons, mentioned RBI in a press release.
Again to help visually impaired identify the denomination of notes. The existing identification mark on Rs 500 which is a Circle shaped one and Rs 1000 which has a Diamond shaped one near the left edge of the bank note has been enlarged.
"The current banknotes will be without inset letter in the number panels. The notes will bear the signature of Raghuram G Rajan, Governor. The year of printing (2015) appears on the reverse. Except for these features, the overall design of Rs 500 and Rs 1,000 banknotes have been retained," the central bank said.
This is a very special security feature in which optical fibers and fluorescent ink are used which glows when exposed to an ultraviolet lamp. The number panels on Indian banknotes have this special feature.
This kind of special ink changes its original color when you view from various angles. This is one of the latest security features on Indian banknotes that was introduced on Rs 1000 and Rs 500 notes. On these notes, the numbers 1000 and 500 are printed on the obverse using optically viable ink.
So to secure your money, do keep these features of an authentic in your mind.
To access this content, confirm your age by signing up.