In yet another move to combat counterfeiting, the Reserve Bank of India has introduced a new denomination of Rs. 200 in the banks from August 25, 2017.
The central bank stated that the new currency denomination and designs will ease transactions, replace soiled bank notes and combat counterfeiting.
The launch of new Rs. 200 notes hope to reduce the burden of Rs. 100 notes and make the currency system more efficient. India’s current currency system has denominations of Rs. 1, 2, 5, 10, 20, 50, 100, 500 and 2000.
Look at some of the important features in the newly launched Rs. 200 note:
1. The note is yellowish orange in colour
2. These new notes bear a signature of Dr. Urjit R. Patel, the Governor of Reserve Bank of India
3. For the visually impaired, the new Rs. 200 note consists of intaglio or raised printing of the Mahatma Gandhi portrait, Ashoka Pillar emblem, a raised identification mark H with micro-text Rs. 200, four angular bleed lines with two circles in between the lines both on the right and left sides
4. The dimensions will be 66 mm × 146 mm
5. On the front, it has a see-through register with denominational numeral 200. A latent image with denominational numeral 200 and a Rs. 200 in Devanagari. There will be a portrait of Mahatma Gandhi at the centre
6. Few Micro letters like ‘RBI’, ‘भारत’, ‘India’ and ‘200’ are also present in the note
7. Windowed security thread with inscriptions ‘भारत’ and RBI with colour shift are present. On tilting, the colour of the thread changes from green to blue
8. The Guarantee Clause, the RBI emblem, the RBI Governor’s signature along with the Promise Clause are present towards the right of Mahatma Gandhi portrait
9. Denominational numeral with Rupee Symbol, Rs. 200 in colour changing ink (green to blue) on bottom right
10. The Ashoka Pillar emblem is present on the right and the Mahatma Gandhi portrait and electrotype (200) watermarks are also there
11. Number panel with numerals growing from small to big on the top left side and bottom right side
12. On the reverse, the note will have:
1. Year of printing on the left side. A Swachh Bharat logo along with the slogan
2. The language panel
3. Motif of the Sanchi Stupa
4. Denominational numeral २०० in Devanagari
With so many hidden security features, the new Rs. 200 note looks very promising and fully prepared to fight the problem of fake currency in India.