ibnlive » Business

Jun 25, 2009 at 12:34am IST

Fake Rs 1000 notes in circulation, says RBI

New Delhi: The RBI has warned that fake Rs 1000 notes are in circulation in the country. Fake notes have been detected in the 2AQ and 8AC series.

The RBI has asked banks to be careful while dealing with these two series though the apex bank has also confirmed that all notes in these series are not fake.

The clarification comes after a builder in Chennai got fake notes from an SBI ATM in the city.

WAYS TO DETECT A FAKENOTE

  • Optical Variable Ink

    The colour of the numeral 1000 appears green when the banknote is held flat but would change to blue when the banknote is held at an angle. The font size is also reduced

  • Latent Image

When the note is head horizontally, the vertical band on the right shows an image of the number 1000

  • Security Thread

    The note also has a three millimeter wide security thread with the inscriptions: one thousand, the word 'Bharat' in Hindi and RBI

  • Microlettering

    The 'RBI' and the numeral, "1000" - which can be viewed with the help of a magnifying glass - are between the Mahatma Gandhi portrait and the vertical band

  • Watermark

    When the note is held against the light, the picture of Gandhi and an electrolyte mark showing the number 1000 appear in the white space

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