How do you find a note is real or fake?
The primary features which are used by the RBI include a watermark, security thread, latent image of denomination numeral, bleed lines etcetera. Despite the added security features, reports in the last two years show that new fake notes have come in circulation.
Which is used to detect fake currency notes?
Solution : Ultraviolet waves are used for detecting fake and forged currency . The paper currency. The paper currency has a strip that is embedded in the note. This strip cannot be forged like that in the original currency.
How can I check my Indian currency serial number?
The Reserve Bank of India at present issues fresh banknote packets containing one hundred (100) serially numbered banknotes. Each banknote bears a distinctive serial number along with a prefix. The prefix consists of the numeral and a letter/letters and is followed by a serial number.
How are fake notes made?
In genuine notes, the security thread is incorporated into the paper at the time of manufacture. But in fake notes, the security thread is imitated by drawing a line with a pencil, by printing a line with grey ink, or by using aluminium thread while pasting two thin sheets of paper.
What is the punishment for fake currency in India?
[Whoever counterfeits, or knowingly performs any part of the process of counterfeiting, any currency-note or bank-note, shall be punished with 2[imprisonment for life], or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.
How do banks identify fake money?
With a view to facilitating the detection of counterfeit notes, all bank branches have to be equipped with ultra-violet light devices and other appropriate currency sorting or detection machines.
What is the value of old 500 rupees note?
Who knows you also can get either Rs 5,000 or Rs 10,000 in exchange of that note. If the serial number of old Rs 500 note has been printed twice, then you can get Rs 5,000. If the old Rs 500 note is big, that is, extra paper has been left on it, then you can get Rs 10,000.
Can you print fake money?
The easiest way to print your own money is to use your computer. If you own a scanner and a printer, it is pretty easy to get started. The first thing you would do is put a $20 bill on your scanner. Then you would set the scanner for its highest resolution — perhaps 2,500 or 4,000 dpi — and scan an image of the bill.
Are fake notes illegal?
How serious is counterfeiting money? It is a criminal offence to knowingly use, or be in possession of fake notes.
Is printing fake money illegal?
Producing or using counterfeit money is a form of fraud or forgery, and is illegal.
How do machines detect fake notes?
UV is the most commonly used counterfeit detection method—it is seen in most of the lower-end devices with the lowest price points. A UV detector verifies the UV marks on authentic notes by shining ultraviolet light onto the bills.
How do I check banknotes?
The following security features are found on the polymer notes. There is a large see-through window. A portrait of the Queen is printed on the window with the numerical value of the note and the words ‘Bank of England’ printed twice around the edge. A metallic image is positioned over the window.
Is 786 a lucky number?
Significance of ‘786’ 786 is considered a lucky or holy number. Especially, the significance of this number in Islam is above everything. The number is believed as a numeric form of the Arabic phrase “Bismillah al-Rahman al-Rahim”, meaning, ‘In the name of God, the Most Gracious, the Most Merciful’.
How can I sell my old 500 note?
Find a website that is accepting such notes in exchange for money, like Quickr or Coinbazzar.com. There are also other websites where old coins and notes are being circulated and traded in exchange for money. So, save up on those old notes and coins, they might just be valuable one day.
Is it true that new Rs 500 note is fake?
According to media reports, these fake currencies have been printed despite the Reserve Bank of India increasing the security measures while printing the new Rs 500 currency notes. Fake New Rs 500 Note News Viral on WhatsApp: Pic Shows How to Check Original vs Fake Currency.
What are the salient features of Rs 2000 and Rs 500 notes?
Here are the most vital and salient features of the two biggest value currency notes of Rs 2000 and Rs 500 to know: See-through register with denominational numeral 2000 is present on the extreme left side of the Rs 2000 note which can be seen when the note is exposed to light.
What is the new feature on the new 500 rupee note?
Latent image with the denomination numeral 500 will be visible when the note is beholden at an angle of 45 degrees from the eye level. The new feature is the introduction of numeral value in the Devanagiri script which is visible without any ado on the left side of the currency note.
Why did Modi ban old Rs 500 notes in India?
PM Narendra Modi had in December 2016 banned the old Rs 500 and Rs 1,000 currency notes in a bid to tackle high-enomination fake currency, mostly printed in Pakistan.