Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Technology
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Visual Stories
  • Reviews
  • Phone Reviews
  • Fitness Bands Reviews
  • Speakers Reviews
  • Find Cricket Statistics
Hindi
More
In the news
Heatwave
Char Dham Yatra
Gyanvapi Mosque
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Technology
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Visual Stories
Reviews
Phone Reviews
Fitness Bands Reviews
Speakers Reviews
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / India News / Counterfeit notes can get you jailed. Learn to spot them
India

Counterfeit notes can get you jailed. Learn to spot them

Counterfeit notes can get you jailed. Learn to spot them
Written by Sneha Bengani
Edited by Shikha Chaudhry
Apr 29, 2018, 07:34 pm 3 min read
Counterfeit notes can get you jailed. Learn to spot them
Credits:

How likely is it that you have a fake note resting in your wallet? With counterfeit notes worth Rs. 11.23 crore detected across India in the first eight months post demonetization, the probability of it is unmissable. What should you do if you get fake notes dispensed at an ATM? How to spot such banknotes? Here, we answer all these questions and more.

Importance
Why should you know how to identify fake currency notes?

If a bank impounds more than five fake notes from you in one transaction, it is bound to get an FIR registered against you. Also, every counterfeit note identified by the bank will neither be credited to your account nor returned to you. If dispensed a fake note by an ATM, you can raise an inquiry only if you spot it at the kiosk.

ATM
What if you get a fake note from an ATM?

Check the banknotes before you leave the booth. If you find that you have been dispensed a counterfeit note, show it to the CCTV, keep the receipt and file a complaint with the ATM guard. You may have to take up the matter with the bank, the RBI, and the police if need be. The chances to get a compensation is however remote.

Features
Here's how a real Rs. 500 note stands out

On the new Rs. 500 note's obverse side: * The windowed security thread and Rs. 500 written on bottom right change from green to blue when the note's tilted. * There's a panel with zeroes growing from small to big on the top left and bottom right. * There is an electrotyped watermark portrait of Mahatma Gandhi on the seemingly blank space towards right.

Charactersitcs
New Rs. 500 note has Red Fort as predominant theme

The size of the new Rs. 500 note is 66mm x 150mm. It is stone grey in color with Red Fort as its predominant theme. On its reverse side there is: * The currency note's year of printing on the left * Swachh Bharat's logo with the slogan * A language panel with Rs. 500 written in 15 different languages.

Introduction
Know your new Rs. 2000 banknote better

The new 66mm x 166mm Rs. 2000 note is magenta and has a motif of the Mangalyaan (India's first venture in interplanetary space) on its reverse-side. At the centre on its obverse, it has Mahatma Gandhi's portrait and a design made of 2000 and RBI written in micro-letters. It also has a guarantee clause, governor's signature with promise clause and RBI emblem towards right.

Details
Most distinctive features of the new Rs. 2000 note

The new Rs. 2000 note on its obverse has: Towards left, a see-through register with 2000 written on it that can be seen against light, and a latent image of 2000, which is visible when the banknote is held at 45° at eye level. The color-shift windowed security-thread has RBI, 2000 and Bharat written on it, and changes from green to blue when tilted.

Disabled friendly
Even visually-impaired people can spot fake notes

Even the visually-impaired can check the authenticity of the new notes. On Rs. 500 note's obverse side, towards right is a raised printing of Mahatma Gandhi's portrait, Rs. 500 in a circle, an Ashoka pillar, and five bleed lines on either side. The magenta note has it all except for Rs. 2000 written in rectangle on left and seven bleed lines on each side.

Share this timeline
Facebook
Whatsapp
Twitter
Linkedin
Sneha Bengani
Sneha Bengani
Mail
Devours English literature classics. Is an obsessive list-maker. Has buttery fingers. Loves the smell of wet earth, freshly brewed coffee and home-cooked food. Hopes to learn to wear saree someday.
Shikha Chaudhry
Shikha Chaudhry
Twitter
I upset the apple cart, and then I undo it. NIT Allahabad, Cornell University. Dreamer; Wannabe Writer.
Latest
India
Reserve Bank Of India (RBI)
Red Fort
Mahatma Gandhi
Swachh Bharat
Related
Latest
Xiaomi 12S Pro's specifications revealed in latest leak
Xiaomi 12S Pro's specifications revealed in latest leak Technology
Witness the power of museums this International Museum Day
Witness the power of museums this International Museum Day Lifestyle
5 anime films to watch on Amazon Prime Video
5 anime films to watch on Amazon Prime Video Entertainment
Apple releases new updates for iPhones, iPads: Details here
Apple releases new updates for iPhones, iPads: Details here Technology
IPL 2022: SRH beat MI, stay alive in playoffs race
IPL 2022: SRH beat MI, stay alive in playoffs race Sports
India
Centre eases ban on wheat export: Here are more details
Centre eases ban on wheat export: Here are more details Business
Global wheat prices surge by 6% after India's export ban
Global wheat prices surge by 6% after India's export ban Business
In surprise move, Chinese media defends India's wheat export ban
In surprise move, Chinese media defends India's wheat export ban World
COVID-19: India logs 2,202 new cases; 27 more deaths
COVID-19: India logs 2,202 new cases; 27 more deaths India
COVID-19: India logs 2,487 fresh cases, 13 more fatalities
COVID-19: India logs 2,487 fresh cases, 13 more fatalities India
More News
Reserve Bank Of India (RBI)
Hindustan Unilever hikes product prices for second time within month
Hindustan Unilever hikes product prices for second time within month Business
Apple stops accepting credit or debit cards for subscriptions, purchases
Apple stops accepting credit or debit cards for subscriptions, purchases Business
RBI keeps key interest rates unchanged for 11th consecutive time
RBI keeps key interest rates unchanged for 11th consecutive time Business
Taxing cryptocurrency is government's sovereign right: FM Sitharaman
Taxing cryptocurrency is government's sovereign right: FM Sitharaman Business
RBI maintains lending rates; 7.8% GDP growth projected in 2022-23
RBI maintains lending rates; 7.8% GDP growth projected in 2022-23 Business
More News
Red Fort
'Sabka Vikas, Sabka Prayaas,' says PM Modi on 75th I-Day
'Sabka Vikas, Sabka Prayaas,' says PM Modi on 75th I-Day India
Independence Day: Delhi Police barricades Red Fort with shipping containers
Independence Day: Delhi Police barricades Red Fort with shipping containers India
Twenty-three year old arrested from Amritsar for Red Fort violence
Twenty-three year old arrested from Amritsar for Red Fort violence India
Republic Day violence: Five identified have criminal records, say cops
Republic Day violence: Five identified have criminal records, say cops India
#MannkiBaat: India running world's biggest, fastest vaccination drive, says Modi
#MannkiBaat: India running world's biggest, fastest vaccination drive, says Modi India
More News
Mahatma Gandhi
BJP brutalizing minorities, glorifying killers of Gandhiji: Sonia
BJP brutalizing minorities, glorifying killers of Gandhiji: Sonia Politics
'Ready to re-examine sedition law': Centre reverses position in SC
'Ready to re-examine sedition law': Centre reverses position in SC India
Kalicharan Maharaj arrested for insulting Mahatma Gandhi at 'Dharma Sansad'
Kalicharan Maharaj arrested for insulting Mahatma Gandhi at 'Dharma Sansad' India
Mahesh Manjrekar to make film on Gandhi's assassin Nathuram Godse
Mahesh Manjrekar to make film on Gandhi's assassin Nathuram Godse Entertainment
Mahatma Gandhi's great-granddaughter sentenced to 7-year imprisonment in South Africa
Mahatma Gandhi's great-granddaughter sentenced to 7-year imprisonment in South Africa World
More News
Swachh Bharat
PM Modi to inaugurate Gobar-Dhan plant today. What is it?
PM Modi to inaugurate Gobar-Dhan plant today. What is it? India
'Bal Naren': After 'Toilet', Swachh Bharat Mission gets another film
'Bal Naren': After 'Toilet', Swachh Bharat Mission gets another film Entertainment
Swachh Bharat helped fight coronavirus: Modi to vaccine recipients
Swachh Bharat helped fight coronavirus: Modi to vaccine recipients India
PM Modi and Bill Gates discuss coronavirus situation and vaccine
PM Modi and Bill Gates discuss coronavirus situation and vaccine India
Amitabh Bachchan spreads fake news about coronavirus, again
Amitabh Bachchan spreads fake news about coronavirus, again Entertainment
More News
Related
Babymoon: What is it and how to plan one?
Babymoon: What is it and how to plan one? Lifestyle
Next News Article
Next News Article

Love India news?

Subscribe to stay updated.

India Thumbnail
India News Business News World News Politics News Sports News Technology News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Mukesh Ambani Indian Premier League (IPL) Karnataka Samsung Xiaomi West Bengal
Bihar Virat Kohli Rohit Sharma Haryana Narendra Modi Arvind Kejriwal Tamil Nadu Gujarat Yogi Adityanath YouTube
Instagram Hollywood News Uttar Pradesh Kerala Netflix Bollywood News Mamata Banerjee Maruti Suzuki Rahul Gandhi Elon Musk
Shah Rukh Khan Chelsea FC OPPO Akhilesh Yadav Indian Cricket Team Apple Manchester United Salman Khan Cryptocurrency OnePlus
Amitabh Bachchan ICC Women's World Cup Vivo India vs Sri Lanka
About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive IPL 2022 Schedule IPL 2022 Points Table Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2022