Design Currency Notice For Free

The immediate precursor of the rupee is the r?piya?the silver coin weighing 178 grains minted in northern India, first by Sher Shah Suri during his brief rule between 1540 and 1545, and later adopted and standardized by the Mughal Empire.

The new currency notes were introduced with a picture of the Red Fort at the backside. The Red fort or Lal Qila is a historic building in the Old Delhi area. Every year, the prime minister of India hoists tricolor at this Fort. This fort was designated a UNESCO World Heritage Site in the year 2007.

500 and Rs. 1000 notes in hand will have to have them exchanged or deposited. There are two places where these notes can be exchanged or deposited ? banks and post offices. For banks, all national and private banks in India have been instructed to have the notes exchanged or deposited.

Who is involved in the Design and Issuance of Indian Bank Notes and Coins? About: The Reserve Bank of India (RBI) and the Central Government decide the changes in the design and form of bank notes and coins.

The note has motif of 'Rani ki Vav' on the reverse, depicting the country's cultural heritage. The base colour of the note is lavender. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the observe and reverse. The size of the new note is 66mm x 142mm.

On the front: See through register where the number 2000 can be seen when held against light. Latent image where the number 2000 can be seen when the note is held at a 45 degree angle at eye level. The number 2000 in Devnagiri. Micro letters RBI and 2000. Portrait of Mahatma Gandhi in the centre.

SMS your CNIC number (space) Branch ID and Send it to 8877. Collect your quota of fresh note, from respective branch, by providing the Reference Number (received via SMS from SBP) along with the original and copy of CNIC on the date mentioned on the response SMS.

All branches of commercial banks are authorised to adjudicate mutilated banknotes (which are legal tender) and pay value for these, in terms of the Reserve Bank of India (Note Refund) Amendment Rules, 2018. Small Finance Banks and Payment Banks may exchange mutilated and imperfect/defective notes at their option.

Banks create money by lending excess reserves to consumers and businesses. This, in turn, ultimately adds more to money in circulation as funds are deposited and loaned again. The Fed does not actually print money. This is handled by the Treasury Department's Bureau of Engraving and Printing.

People who want to get new currency notes need to send SMS his/her ID card number along with the desired e-branch to 8877. According to the bank, the service charges will be 1.50 + tax per SMS. The person will receive an SMS containing redemption code, desired e-branch address and the code validity period.