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Plastic Currency: The RBI may launch a pilot project for ₹10 and ₹20 polymer notes in the future. Let’s find out how durable these plastic notes are and whether they can be easily folded.

RBI Polymer Notes: If the Reserve Bank of India's (RBI) plan succeeds, you might soon see polymer (plastic) currency notes replacing paper notes in the country. According to the RBI, a pilot project involving ₹10 and ₹20 polymer notes could be launched initially. These notes are far superior and more durable than current notes and offer a longer lifespan. Naturally, people are wondering whether these notes can be easily folded.

Can plastic notes be folded?

Although polymer notes may look like plastic, they do not feel as rigid as debit or credit cards. Their key feature is that they are completely flexible and very thin. You can easily fold them—just like current paper notes—and keep them in your pocket or wallet. However, they differ from paper notes in that folding them does not leave a permanent crease; they tend to spring back to their original shape.

Will note-counting machines need to be replaced?

The composition and thickness of polymer notes differ significantly from those of current paper notes. Consequently, existing note-counting machines, cash-handling systems, and ATMs might need to be upgraded to recognize and count these new notes. However, technical adjustments can be made to cash-handling systems if necessary, ensuring that people can use these new notes without any hassle.

What are the features of polymer notes?

They are far more durable than paper notes.
They accumulate less dirt and bacteria. They offer better protection against water, moisture, and tearing.
ATM machines will also be configured to handle these notes.
Counterfeiting is difficult due to the transparent window and advanced security features.