Indian Money: ₹ 500 notes will be closed, RBI gave instructions to banks.
You all will know that demonetisation was announced by the Government of India on 8 November 2016. An order was issued to close ₹ 500 and ₹ 1000 notes, announcing demonetisation. After the closure of ₹ 500 and ₹ 1000 notes, a new note of ₹ 500 and ₹ 2000 was issued by the government.
However, the government later announced the closure of the ₹ 2000 note. The maximum of ₹ 500 notes in India are still fast in circulation. No note bigger than this is available in the market.
Meanwhile, such things are happening among the people that the government is now going to discontinue ₹ 500 notes. Where is it going that the ₹ 500 note will be discontinued by the RBI by 30 September 2025.
Viral message is happening fast on WhatsApp
Actually, let us tell you that a message on social media platforms is going viral very fast. In this message, it is being claimed that all banks have been refused to give ₹ 500 notes through ATMs to all banks from 30 September 2025. The message also further stated that the target from RBI is to stop the ₹ 500 notes from 75% ATMs at the beginning of the RBI. And then after 31 March 2026, the disbursement of ₹ 500 notes from 90% ATM is to be stopped. Further message is now being claimed that after this, only ₹ 200 of ₹ 200 and ₹ 100 notes will come out of the ATM.
Are RBI really ordered to demonetisation to the bank
This message being forwarded at a big level on WhatsApp has raised many questions among us. However, PIB Fax Czech itself has taken cognizance of the message about this and has tried to tell the whole truth. PIB Fact Check said that the viral message on WhatsApp is completely false.
According to the PIB Fact check, the RBI has not given any such instructions to the banks and the legal tender will remain on the ₹ 500 note. According to the PIB fax check, it has been appealed to people not to trust false news in this way and check the official source before relying or forwarding such messages.
Indian Money: RBI's new guideline to identify ₹ 500 note
There are many news about the notes in many ways. This news continues on social media platforms. Looking at someone, RBI has given many ways to identify the ₹ 500 note. In such a situation, if you also have duplicate or bad notes, then how will you identify whether this note is correct or wrong.
