The Reserve Bank has the single authority to concern banknotes in India. Reserve Bank, prefer other main banks the civilization over, transforms the architecture of banknotes from time to time. The Reserve Bank has actually introduced banknotes in the Mahatma Gandhi Series given that 1996 and also has so much issued notes in the denomicountries of Rs.5, Rs.10, Rs.20, Rs.50, Rs.100, Rs.500 and Rs.1000 in this series. Please click the notes to view the bigger variation and also details.


You are watching: How to exchange old 500 rupee note

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Rupees One Thousand also. Rupees Five Hundred.

The legal tender character of the financial institution notes in denominations of ₹ 500 and also ₹ 1000 pointed out over, issued by the Reserve Bank of India was withattracted via the promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance 2016 (GoI Ordinance No. 10 of 2016 dated December 30, 2016). As an outcome, via impact from December 31, 2016, the over Bank Notes ceased to be the liabilities of the Reserve Bank of India and also ceased to have actually the guarantee of the Central Government.
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Rupees One Hundred. Rupees Fifty. Rupees Twenty.
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Rupees Ten. Rupees Five.

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April 14, 2015
Dear All
Welcome to the refunlinux.nlinux.orgshed website of the Reserve Bank of India.
The two the majority of vital functions of the site are: One, in enhancement to the default website, the refunlinux.nlinux.orgshed website likewise has actually all the information bifurcated functionwise; two, a a lot improved search – well, at least we think so however you be the judge.
With this makeover, we likewise take a tiny step right into social media. We will now usage Twitter (albeit one way) to sfinish out advises on the announcements we make and YouTube to place in public domain our press conferences, interviews of our peak administration, events, such as, tvery own halls and also of course, some movies aimed at customer literacy.
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Do feel free to give us your feedago by clicking the feedback switch on the appropriate hand edge of the refunlinux.nlinux.orgmelted website.
Thank you for your continued assistance.
Department of Communication Reserve Bank of India
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