The latest news from India or I can say after Demonetisation is that the Government today launched new Rs 200 Notes.
Yes, the confirmed news is that Today in market RBI (Reserve Bank of India) released new currency notes of Rs 200.
The Reserve Bank will launch Rs 200 notes for the first time today, saying it will make it easier for the common man to transact in lower denomination “missing link” currency and bring greater efficiency into the system.
India has 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 has been the missing link. The RBI had recently introduced Rs 50 note with a new look and additional security features.
The Reserve Bank will on August 25 issue new Rs 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing a signature of RBI Governor Urjit Patel.
Why RBI (Reserve Bank of India) Launched New Rs 200 Note?
Introduction of a new currency denomination Rs 200 and design is done keeping in consideration various factors like ease of transactions for the common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting.
- Ease of transactions for the common man
- Combating counterfeiting
- Replacement of soiled banknotes
- Easy To Use
- Low Currency Fit for Common Man
- Logical Need
- Missing Denomination
Things You Can’t Miss About New Rs 200 Note
The new denomination has a motif of Sanchi Stupa on the reverse, depicting the country’s cultural heritage. The base colour of the note is bright yellow.
The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.
Now, with the introduction of Rs 200 notes, the problem people have been facing due to high-value Rs 2,000 notes is expected to be resolved.
The 11 Kick-Ass Features (Things) You Should Know About New Rs 200 Note Before Use
- 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’
- Dimension of the banknote will be 66 mm × 146 mm
- 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
- Swachh Bharat logo with slogan
- 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
Stay tuned for other updates.