RBI announces new 100 rupee note

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The Reserve Bank of India has decided to shortly issue new notes of Rs 100 denomination, in the Mahatma Gandhi (New) Series while maintaining that the existing notes would continue to be legal tender.

RBI has given a lavender wash to the new Rs 100 note which will be in circulation by next month. Two years ago, when Prime Minister Narendra Modi had announced demonetization of Rs 1,000 and Rs 500 notes, the powder blue Rs 100 note was left untouched. It was soon the most sought-after currency note in India till the new Rs 2,000 and Rs 500 arrived in the banks.

The new note is part of the revised design series introduced after demonetization in November 2016. The latest variant features Gujarat’s ‘Rani Ki Vav’ (queen’s stepwell) along with the Swachh Bharat logo and slogan on its reverse. Gandhi Ji’s placement remains the same.

“The base colour of the note is lavender. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. Dimension of the banknote will be 66 mm x 142 mm,” the RBI said in a statement.

For the visually impaired, the note has a raised triangular identification mark with 100 written in micro-text, an embossed portrait of Gandhi, Ashoka Pillar emblem, and four angular bleed lines on both the left and right sides.

All the Rs 100 notes issued by the Reserve Bank in the earlier series will continue to be legal tender, said the RBI.

 

 

 

 

Featured Image: Scroll

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