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The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee. In 1987, the ₹500 note was introduced, followed by the ₹1,000 note in 2000 while ₹1 and ₹2 notes were discontinued in 1995. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series.
Banknotes of denominations of ₹5, ₹10, ₹20, ₹50, ₹100, ₹500 and ₹1000 of the Mahatma Gandhi Series. The Gandhi Series of banknotes are issued by the Reserve Bank of India (RBI) as the legal tender of Indian rupee. The series is so called because the obverse of the banknotes prominently display the portrait of Mahatma Gandhi.
This file is a copyrighted work of the Government of India, licensed under the Government Open Data License - India (GODL). Authorization Method & Scope Following the mandate of the National Data Sharing and Accessibility Policy (NDSAP) of the Government of India that applies to all shareable non-sensitive data available either in digital or analog forms but generated using public funds by ...
This file is a copyrighted work of the Government of India, licensed under the Government Open Data License - India (GODL). Authorization Method & Scope Following the mandate of the National Data Sharing and Accessibility Policy (NDSAP) of the Government of India that applies to all shareable non-sensitive data available either in digital or analog forms but generated using public funds by ...
These serial numbers are located on the top left and bottom right side on the front of the notes. Latent image: Located on the lower left part of the note's front, when tilted, the denomination is seen within the panel near the left side of the portrait of Mahatma Gandhi. Used for the ₹ 10, ₹ 20, ₹ 50, ₹ 100, ₹ 200, ₹ 500 and ₹ 2000.
Lion Capital of Ashoka. The Lion Capital Series were a series of currency notes issued after India declared its independence from Great Britain and used until the Reserve Bank of India (RBI) introduced the Mahatma Gandhi Series in 1996 with banknotes in denominations of 10 and 500 rupees, and were designed with the image of the Lion Capital of Ashoka, the National Emblem which replaced the ...
The asterisk, or "star" following the serial number indicates this is a replacement note for one that was misprinted or damaged in the printing process. A replacement banknote , commonly referred to as a star note , is a banknote that is printed to replace a faulty one and is used as a control mechanism for governments or monetary authorities ...
According to a 2018 report from the Reserve Bank of India ₹15.3 lakh crore (15.3 trillion rupees on the short scale) of the ₹15.41 lakh crore in demonetised bank notes, or approximately 99.3%, were deposited in banks, leading analysts to state that the effort had failed to remove black money from the economy.