10, 20, 50, 100, 200 and 500 rupee notes are available in large numbers in the Indian market. It is said that India has the highest number of 500 rupee notes. A few years ago, a 1000 rupee note was banned in India. After this, the Government of India increased the number of 500 rupee notes. Therefore, the number of 500 rupee notes in the Indian market is currently the highest. But this creates a lot of confusion.
Fake notes that look exactly real notes
There are many fake notes in the Indian market to cheat common people, which look exactly like real notes. These fake notes look exactly like real notes. So it was very difficult for the common people to differentiate these notes. Because these fake notes are made so carefully that they look exactly like real notes. But you do not need to worry. You can tell the difference between real and fake notes with the help of your smartphone. But for this you will have to work a little hard. (Photo courtesy – Pinterest)
Reserve Bank of India (RBI) issued an alert
The Government of India and the Reserve Bank of India (RBI) have also issued an alert and advised people to beware of fake notes of Rs 500. Reports published by the Finance Ministry said that the prevalence of fake notes in the market has increased again. Therefore people need to be careful. You can identify fake notes with some simple steps and smartphones.
Smartphone will help you
A smartphone with a high-resolution camera will help you identify fake notes. You can check micro text, alignment and printing quality by zoom on the note with the help of your smartphone camera. Apart from this, you can identify security thread or some highlighting features with the help of flash of your smartphone. Apart from this, RBI and 500 are written in very small letters below the 500 rupee note. These letters are very small, so to see them you have to zoom in the camera. If these letters are written on the notes you have, then the note you have is real.
Be careful while transacting cash.
The Government of India and the Reserve Bank of India (RBI) have advised people to take precautions while doing cash transactions. The government has appealed to the citizens to inform the police on getting any kind of fake notes. Take proper precautions when transacting with local shopkeepers, footpath vendors and cash depositors. Even your small mistake can cause you a big harm.
‘Mani’ (Mobile Added Note Identifier) app launched
RBI has launched the ‘Mani’ (Mobile Aided Note Identifier) app for its customers. This app is available for free download on Android and iOS. With the help of this app, you can scan a note and know its value. This app has been launched for visually impaired people.
