Personal Finance News
5 min read | Updated on May 30, 2025, 11:47 IST
SUMMARY
According to the RBI's annual report, 1,17,722 fake currency notes of ₹500 were detected in 2024-25, compared to 85,711 in 2023-24. As many as 32,660 fake ₹200 notes were also detected in 2024-25 compared to 28,672 in 2023-24.
The number of fake ₹500 and ₹200 detected in 2024-25. was higher than previous year. | Representational image source: Shutterstock
"The counterfeit notes detected in the denominations of ₹10, ₹20, ₹50, ₹100 and ₹2000 declined during 2024-25, while those in ₹200 and ₹500 denominations increased by 13.9 and 37.3 per cent, respectively, as compared with the previous year," RBI said.
Around 4.7% of the total 2,17,396 fake currency notes in 2024-25 were detected at the RBI, while 95.3% were detected at other banks.
As many as 1,17,722 fake currency notes of ₹500 were detected in 2024-25, compared to 85,711 in 2023-24. Around 32,660 fake ₹200 notes were detected in 2024-25 compared to 28,672 in 2023-24, according to the report.
The total number of detected fake currency notes has, however, declined from 2,25,769 in 2022-23 to 2,22,639 in 2023-24 to 2,17,396 in 2024-25.
Users should look at all the features of a ₹500 note listed on RBI's website.
"The 500 denomination banknotes in the Mahatma Gandhi (New) Series bear signature of the Governor, Reserve Bank of India. The note has motif of "Red Fort" on the reverse, depicting the country's cultural heritage. The base colour of the note is stone grey. The note has other designs and geometric patterns aligning with the overall colour scheme, both at obverse and reverse," RBI says.
The size of a ₹500 note in the Mahatma Gandhi (New) series is 66 mm x 150 mm.
There are 17 features on a ₹500 note, including both the obverse and reverse sides.
See through register with denominational numeral 500
Latent image with denominational numeral 500
Denominational numeral ५०० in Devnagari
Portrait of Mahatma Gandhi at the centre
5 Micro letters 'भारत' and 'India
Colour shift windowed security thread with inscriptions 'भारत', and 'RBI'. 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's portrait.
Mahatma Gandhi's Portrait and electrotype (500) watermarks
Number panel with numerals in ascending font on the top left side and bottom right side
Denominational numeral with Rupee Symbol in (₹500) in colour changing ink (green to blue) on bottom right
Ashoka pillar emblem on the right
Some features for visually impaired: Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka pillar emblem, circular identification mark with microtext ₹500 on the right, five angular bleed lines on both the left and right sides.
Year of printing of the note on the left
Swachh Bharat logo with slogan
Language panel
Motif of Red Fort
Denominational numeral ५०० in Devnagari
Just like ₹500, you should look at all the features of a ₹200 note listed on the RBI's website.
"The new ₹200 denomination banknotes in the Mahatma Gandhi (New) Series bear signature of the Governor, Reserve Bank of India. The note has 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.
The size of a ₹200 note in the Mahatma Gandhi (New) series is 66mm x 146mm, which is slightly different from a ₹500 note.
There are 17 features on a ₹200 note, including both the obverse and reverse sides.
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
5 Micro letters 'भारत' and 'India
Colour shift windowed security thread with inscriptions 'भारत', and 'RBI'. 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's portrait.
Mahatma Gandhi's Portrait and electrotype (200) watermarks
Number panel with numerals in ascending font on the top left side and bottom right side
Denominational numeral with Rupee Symbol in (₹200) in colour changing ink (green to blue) on bottom right
Ashoka pillar emblem on the right
Some features for visually impaired: Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka pillar emblem, circular identification mark H with microtext ₹200 on the right, five angular bleed lines with two circular in between the lines both on the left and right sides.
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
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