Hyderabad: Experts say the RBI has included new security features in currency notes that were printed this financial year.
Change in size of the nine-digit currency note number on Rs 100 denomination notes, security threads, colour variation with different contrast from a particular angle etc. has been included.
According to RBI officials, Rs 1,000 notes contain a readable, windowed security thread alternately visible on the obverse with the inscriptions “'Bharat” (in Hindi), “1000” and “RBI”, but totally embedded on the reverse.
The Rs 500 and Rs 100 notes have a security thread with similar visible features with the inscriptions “Bharat” (in Hindi), and “RBI”. When held against a light, the security threads on Rs 1,000, Rs 500 and Rs 100 can be seen as one continuous line.
A special feature in intaglio was introduced on the left of the watermark window on all notes except Rs 10, for the visually impaired to identify the denomination.
This feature is in different shapes for various denominations (Rs 20: vertical rectangle; Rs 50: square; Rs 100: triangle; Rs 500: circle and Rs 1,000: diamond).
The numeral 1000 and 500 on the obverse of Rs 1,000 and Rs 500 notes respectively is printed in optically variable ink viz., a colour-shifting ink.
The colour of the numeral 1000 or 500 appears green when the note is held flat but would change to blue when the note is held at an angle.
RBI regional director, AP, K.R. Das had said last year that banks were responsible for fake notes from their ATMs and they must compensate customers. He also said people should approach the bank if they found fake notes.
RBI guidelines in June, 2013, directed all banks to accept fake notes over the counter and pay customers the full amount. In return, banks will get 25 per cent of the amount of the fake notes back from RBI.
