Get ready to see new Rs 100 currency note. Yes, you heard it right; The Reserve Bank of India is all geared up to put the new bank note in circulation soon.
RBI in a notification said, “The Reserve Bank will shortly issue Rs 100 denomination banknotes+ in the Mahatma Gandhi Series-2005, with the inset letter R in both the number panels, bearing the signature of Dr Urjit R Patel, Governor, Reserve Bank of India.”
Also, the new Rs 100 note will bear ‘2017’ written on the reverse.
Clarifying the air about its designing, RBI said that the design of the new Rs 100 note will be similar to those of currently available Rs 100 note in Mahatma Gandhi Series- 2005.
Among other features of the banknote, the numerals in the note will be written in the ascending order in the number panel, with bleed lines and bigger identification marks on the obverse.
RBI also made it clear that the older Rs 100 banknotes will continue to be legal tender.