Indian Currency: You won't even know which note is the largest in India.

 Indian Currency: You won't even know which note is the largest in India.

Demonetization did not occur for the first time in the nation in 2016, but most people are unaware of it. Prior to that, 1000, 5000, and 10,000 rupee notes were also made obsolete. We'll let you know when this note ended and when it began.


Following demonetization, the news is quickly gaining traction across the nation. Old 500 and 1000 rupee notes had been outlawed by the central government.

However, did you realise that this wasn't the first time demonetization had occurred. The majority of people are unaware that 1000, 5000, and 10,000 rupee notes have been out of circulation in India long before this.

The ten thousand note has twice been taken out of circulation.

The first note of Rs 10,000 was printed by the RBI in 1938, according to information found on their website. The RBI had never issued a note as huge as this one. But it was demonised in January 1946. Following this, a new Rs 10,000 note debuted in 1954. However, they were once more demonetized in 1978.

Recognize which notes are not in use.

The initial 500, 1000, and 10,000-dollar banknotes were taken out of circulation in January 1946, according to information on the RBI website. In January 1978, the 1,000, 5000, and 10,000 banknotes that had been established in 1954 were once more demonetized. At midnight on November 8, 2016, the 500 and 1000 denomination Mahatma Gandhi series banknotes lost their legal tender status.


How much can the RBI issue notes for?

In India, the RBI now prints notes in the following denominations: 10, 20, 50, 100, 200, 500, and 2000. The RBI may also reissue notes for 5000 and 10,000 rupees if it so chooses. The RBI is authorised to print denominations of 2, 5, 10, 20, 50, 100, 200, 500, and 2000, 5000, and 10000, or other values in denominations surpassing ten thousand, in accordance with Section 24 of the RBI Act of 1934.

Because the Government of India has been granted this authority under the Coinage Act, the RBI is unable to print one rupee bills. Instead of the RBI Governor, the Finance Secretary has signed it.

how notes are created

Do you know the composition of the note you use? Currently, 100% cotton is used to create the paper used to print banknotes. The middle of the letter is written in Hindi, and the back is written in English. Additionally, the language panel on the banknote displays fifteen different languages.

Can a note with the same number appear twice?


The possibility of similarity in the number of two or more bank notes also frequently enters people's minds. So, certainly, it is the solution. On the RBI website, it is possible for two or more banknotes to have the same serial number but different inset letters, printing years, or governors of the Reserve Bank of India. with the endorsement of A letter that is printed on a banknote's number panel is known as an inset letter. Inset letters are not a requirement for notes.