Government’s big denial of rumors of closure of ₹ 500 notes: Said- these only misleading news, real notes are valid!

Government's big denial of rumors of closure of ₹ 500 notes: Said- these only misleading news, real notes are valid!
Government’s big denial of rumors of closure of ₹ 500 notes: Said- these only misleading news, real notes are valid!

Recently, on social media and some informal channels, the rumor is once again spreading that the existing notes of ₹ 500 can be excluded from or being closed by the Reserve Bank of India (RBI). If you have this question or you have got such information, then this news is very important for you! Government of India and Reserve Bank of India Apparently all these rumors have denied And said that these news is completely False and misleading Are.

The Ministry of Finance (Ministry of Finance) has publicly emphasized that all valid notes of ₹ 500 (which have specific marks and safety facilities of the Reserve Bank of India) are completely valid and will remain valid for transactions.

What is the source of this rumor and the denial of the government?


This rumor often spreads through an old video clip, social media posts or WhatsApp messages, stating that the ₹ 500 notes of ‘old’ or ‘philas design’ are going to be closed soon. In some messages, it is claimed that only green strips or fala governors will run only. Although, The government has made it clear that there is no such plan. These news creates unnecessary confusion and panic among the public.

Beware of identification and forgery of real note:


It is also important to note that while valid notes of ₹ 500 will remain in circulation, the government and RBI are always advising the public to be careful with fake (fake) notes. To avoid fake notes, check security features such as watermarks, security threads, and governor’s signature.

If you get any note that seems fake, do not put it in the market again. Immediately inform your bank branch or police.

Since demonetization in 2016, people have been more cautious about any rumor related to currency, but it is necessary to trust official sources. At this time no valid Indian notes of ₹ 500 are being excluded from circulation, nor any such government announcement has been made.

So stay relaxed! All your ₹ 500 notes are completely valid and you can feel free to use them.