homepersonal finance NewsFact Check | Are Rs 500 notes with green strip near Gandhi's picture fake? Check here

Fact Check | Are Rs 500 notes with green strip near Gandhi's picture fake? Check here

How to check if your Rs 500 note is fake or original? Read the RBI features about the banknote here

By Anshul  Feb 27, 2023 3:26:19 PM IST (Updated)

2 Min Read

PIB Fact Check, a fact-checking unit of the Press Information Bureau, has recently alerted people against the fake news about Rs 500 note circulating on social media. It said that all notes having a green strip near Gandhiji or the Reserve Bank of India's (RBI's) signature are valid. A message circulating on social media has been claiming that those Rs 500 currency notes are fake that have green strips near Gandhiji instead of the RBI Governor’s signature.
However, it is a fake claim as the central bank says that both currency notes are valid.

PIB also attached a PDF file provided by the RBI that helps people to differentiate between real and counterfeit currency.