Since demonetisation, various denominations of currency notes have been introduced.
It all began with the introduction of Rs 2,000 notes. Subsequently, we saw Rs 500, Rs 200, Rs 50, Rs 10 and now Rs 100.
On 19 July, the RBI had announced that the new Rs 100 currency note would soon be made available with banks. They are lavender-coloured and carry the motif of ‘Rani-Ki-Vav’ (The Queen’s Stepwell), a UNESCO World Heritage site in Gujarat.
Did you know that 45.75% of the fake notes recovered in 2017-2018 were of the Rs 100 denomination?
Here are some of the features of the new note that will help you identify if it is original or not:
1. See-through register with denominational numeral 100
2. Latent image with denominational numeral 100
3. Denominational numeral १०० in Devanagari
4. Portrait of Mahatma Gandhi at the centre
5. Micro letters ‘RBI’, ‘भारत’, ‘India’ and ‘100’
6. Windowed security thread with inscriptions ‘भारत’ and ‘RBI’ with colour shift; The colour of the thread changes from green to blue when the note is tilted.
7. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards the right of the Mahatma Gandhi portrait
8. Ashoka Pillar emblem on the right
9. Mahatma Gandhi portrait and electrotype (100) watermarks
10. Number panel with numerals in ascending font on the top-left side and bottom-right side
11. For the visually impaired, intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, raised triangular identification mark with micro-text 100, four angular bleed lines both on the right and left sides
1. Year of printing of the note on the left
2. Swachh Bharat logo with the slogan
3. Language panel
4. The motif of ‘Rani ki Vav’
5. Denominational numeral १०० in Devanagari
What to do if you get stuck with a fake note:
While the instinct is to try and recirculate the fake note instead of reporting it, be aware that knowingly possessing fake notes is a punishable offence under Section 489 of the Indian Penal Code.
If you identify a counterfeit note, by law you’re required to inform the police. File an FIR (First Information Report) at the nearest police station for the matter to be investigated.
If the fake note was dispensed to you via an ATM, it is treated as an attempt by banks to circulate the notes. Hence, the Reserve Bank of India will penalise a bank if it is found guilty.
So the next time you get money from an ATM, check it before you put it into your wallet.
(Edited by Shruti Singhal)