RBI to issue banknotes of Rs 1,000 Denomination with new design

The Reserve Bank of India will shortly issue Rs 1000 denomination banknotes in the Mahatma Gandhi Series – 2005 with the inset letter 'R' in both the number panels. The banknotes will also have on the obverse, all the other security features, including ascending size of numerals, bleed lines and enlarged identification mark as well as the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India. These banknotes will also have the year of printing '2016' printed on the reverse.

The design of these banknotes notes to be issued now is similar in all respects to the Rs 1000 banknotes in Mahatma Gandhi Series - 2005 issued earlier.

All the banknotes in the denomination of Rs 1000 issued by the Reserve Bank in the past, including Rs 1000 denomination banknotes with ascending size of numerals in the number panels but without bleed lines and enlarged identification mark, will continue to be legal tender.