New Rs 200 note to be issued from tomorrow, RBI says it will ease consumer transaction hassles
Initially the new Rs 200 notes will be circulated by select RBI offices, and some banks.
The Reserve Bank will on August 25 issue new Rs 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of RBI Governor Urjit Patel. Initially, the new Rs 200 notes will be circulated by select RBI offices, and some banks.
“The new denomination has motif of Sanchi Stupa on the reverse, depicting the country’s cultural heritage. The base colour of the note is bright yellow. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse,” RBI said in a statement on Thursday.
Introduction of a new currency denomination and design is done keeping in consideration various factors like ease of transactions for the common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting.
“To achieve the optimal system of currency that would minimize the number of denominations while increasing the probability of proffering exact change, especially at the lower end of denominations, there is a logical need to introduce the missing denomination of Rs 200, which will make the present currency system more efficient. Provision of the new denomination, therefore, would facilitate exchange, particularly for the common man who deals with denominations at the lower end,” it said.
Image and salient features of Rs 200 note
1. See through register with denominational numeral 200
2. Latent image with denominational numeral 200
3. Denominational numeral २०० in Devnagari
4.Portrait of Mahatma Gandhi at the centre
5. Micro letters ‘RBI’, ‘भारत, ‘India’and ‘200’
6. Windowed security thread with inscriptions‘भारत’ and RBI with colour shift. Colour of the thread changes from green to blue when the note is tilted
7. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait
8. Denominational numeral with Rupee Symbol, ₹200 in colour changing ink (green to blue) on bottom right
9. Ashoka Pillar emblem on the right
10. Mahatma Gandhi portrait and electrotype (200) watermarks
11. Number panel with numerals growing from small to big on the top left side and bottom right side
12. For visually impaired Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, raised Identification mark H with micro-text ₹200, four angular bleed lines with two circles in between the lines both on the right and left sides
13. Year of printing of the note on the left
14. Swachh Bharat logo with slogan
15. Language panel
16. Motif of Sanchi Stupa
17.Denominational numeral २०० in Devnagari
18. Dimension of the banknote will be 66 mm × 146 mm
-August 24, 2017, New Delhi