Watch: Rs 200 notes to be launched today; Here's how it looks
The Rs 200 notes is introduced in lower end of denomination series as per RBI. So far, India has bank notes like Rs 1, 2, 5, 10, 20, 50, 100, 500 and 2000.
Key Highlights:
- Rs 200 denomination note to be launched today in Mahatma Gandhi (New) Series
- Rs 200 banknotes is the lower end of denomination series
- India at present has Rs 1, 2, 5, 10, 20, 50, 100, 500 and 2000.
The Reserve Bank of India on Friday will be issuing Rs 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks.
RBI said, ''In India, we have currency denominations of Rs 1, 2, 5, 10, 20, 50, 100, 500 and 2000. As such, in the lower end of the denomination series, Rs 200 is the missing one."
Here's how the Rs 200 denomination banknotes look like.
Rs 200 notes has Motif of Sanchi Stupa on the reverse, depicting the country’s cultural heritage. Base colour of the note is bright yellow.
It has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.`
Obverse (Front)
- See through register with denominational numeral 200
- Latent image with denominational numeral 200
- Denominational numeral २०० in Devnagari
- Portrait of Mahatma Gandhi at the centre
- Micro letters ‘RBI’, ‘भारत’, ‘India’ and ‘200’
- Windowed security thread with inscriptions ‘भारत’ and RBI with colour shift. Colour of the thread changes from green to blue when the note is tilted
- Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait
- Denominational numeral with Rupee Symbol, ₹ 200 in colour changing ink (green to blue) on bottom right
- Ashoka Pillar emblem on the right
- Mahatma Gandhi portrait and electrotype (200) watermarks
- Number panel with numerals growing from small to big on the top left side and bottom right side
Reverse (Back)
- Year of printing of the note on the left
- Swachh Bharat logo with slogan
- Language panel
- Motif of Sanchi Stupa
- Denominational numeral २०० in Devnagari
Introduction of this new currency and design has been brought in consideration of various factors like ease of transaction for the common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting.
Ministry of Finance on August 23, mentioned, “In exercise of the powers conferred by sub-section (1) of section 24 of the Reserve Bank of India Act, 1934 and on the recommendations of the Central Board of Directors of the Reserve Bank of India, the Central Government hereby specifies the denomination of bank notes of the value of two hundred rupees."
ALSO READ
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
11:25 AM IST