The risk of counterfeit currency in India is increasing daily, affecting both the pockets and trust of common people. A recent report from the Reserve Bank of India (RBI) has presented startling information, revealing that 2,17,396 counterfeit notes were detected in the last financial year.

Among these, 500 and 200 Rupee notes account for the highest numbers, as they are most frequently used in daily transactions. This news is not only concerning but also a message of awareness for every citizen.

The Web of Counterfeit Notes Statistics and Reality

According to the RBI report, among the counterfeit notes caught in the last financial year, 1,17,722 were 500 Rupee notes and 32,660 were 200 Rupee notes. Surprisingly, these counterfeit notes are reaching people through ordinary banking transactions, ATMs, and shops. This not only causes financial loss but also erodes public trust. The web of counterfeit notes is so complex that often common people cannot identify them. In such a situation, the RBI has urged people to be vigilant.

Easy Ways to Identify Genuine Notes

To avoid counterfeit notes, it is essential to understand the features of genuine notes. The RBI has clarified the characteristics of 500 and 200 Rupee notes so that people can easily identify them.

Genuine 500 Rupee Note

This note is stone grey in color, with dimensions of 66 mm x 150 mm. It features a portrait of Mahatma Gandhi as the main image. The note includes a color-shifting security thread (green to blue) and a watermark of ‘500’ with Gandhi’s portrait. The reverse side of the note depicts the Red Fort.

Genuine 200 Rupee Note

This bright yellow note measures 66 mm x 146 mm. It also features a portrait of Mahatma Gandhi, while the reverse side shows the Sanchi Stupa. For the visually impaired, it has raised marks and a security thread with the Swachh Bharat logo.

Vigilance is Prevention What to Do?

If you conduct cash transactions, check the note before accepting it. Hold the note against the light to verify the watermark and security thread. If you suspect any note is counterfeit, report it immediately to the nearest bank or police station. The RBI has also instructed banks to use advanced machines for counterfeit note detection. Additionally, by increasing the use of digital payments like UPI, Google Pay, or PhonePe, you can avoid the risk of counterfeit notes.