How to check if Rs 500 note is real or fake? Follow RBI’s 17-point checklist to check authenticity
Zee News
RBI report had pointed out that banks had received fake notes worth Rs 5.45 crore between 2020 and 2021.
New Delhi: Many of us may have received fake notes from shopkeepers. For many Indians, it’s difficult to tell if the Rs 500 note in your pocket is genuine or fake, as the duplicate ones look exactly like real notes.
If you also face difficulty in differentiating the fake or real Rs Rs 500, you need not worry, as the Reserve Bank of India itself has issued a checklist that one can follow to find out fake notes. Also Read: Unbelievable! Man wins about Rs 3200 crores in Mega Millions jackpot prize with single ticket in US
A recent RBI report had pointed out that banks had received fake notes worth Rs 5.45 crore between 2020 and 2021. Out of the total 2,08,625 fake notes that have been caught, banks caught 2,00,518 notes while RBI had found 8107 fake notes. Moreover, in the year 2019-20, 30,054 fake notes of Rs 500 were caught. This means that there was a rise of 31.3% in fake notes caught by the authorities. Also Read: Bank Holidays in February: Banks to remain shut for 12 days next month, check important dates
