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Rs 500 and Rs 2000 rupees notes to get new security features every 3-4 years

security features

New Delhi: In a bid to keep a check on fake bank notes, the government plans to change the security features of higher denomination banknotes of Rs 2,000 and Rs 500 every 3-4 years.

The move comes in the wake of recovery of a large amount of fake notes in last four months after demonetisation.

Recently by the investigators on some of the recently seized fake notes found that at least 11 of the 17 security features in the new Rs 2,000 notes had been replicated.

A close look by the investigators on some of the recently seized fake notes found that at least 11 of the 17 security features in the new Rs 2,000 notes had been replicated.

These included the transparent area, watermark, Ashoka Pillar emblem, and the letters ‘Rs 2000’ on the left, the guarantee clause with the Reserve Bank of India Governor’s signature and the denomination number in Devanagari on the front.

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