Himani Chowdhary Instagram – 🚨 Is that ₹500 note in your wallet FAKE?
A recent study reveals a 317% surge in counterfeit ₹500 notes over the past 5 years,
escalating from 21,000 pieces to 91,000 in 2024.
Before your next cash transaction, ensure your ₹500 notes are genuine by checking these 3 key features:
[1] Bottom-Left Corner: Look for ‘₹500’ written in a checked style, accompanied by a ₹500 watermark within a box
[2] Security Strip: The green strip inscribed with ‘RBI’ and ‘भारत’ should shift from green to blue when tilted under light
[3] Bottom-Right Corner: The ‘₹500’ numeral should change color under light, and there should be five raised lines to aid the visually impaired
Additionally, verify the portrait of Mahatma Gandhi for authenticity
Possession of counterfeit currency can lead to jail of up to 10 years plus fines,
with no compensation for the fake notes.
Stay Vigilant: Always inspect these features before accepting cash
Share this crucial information to help others stay informed and protected
#counterfeit #stayalert #financialsafety
#scamalert #finance #rbi
Source- RBI & Ministry of Finance | Posted on 09/Dec/2024 16:30:02
