Is your ₹500 note fake or real? RBI asks banks to test notes in every 3-month. Details here

The Reserve Financial institution of India (RBI) has requested banks to check their notice sorting machines for accuracy and consistency each quarter to make sure forex notes conform to the prescribed parameters. The RBI has set 11 requirements for the situation of notes and subsequently has instructed banks to make use of notice match sorting machines as a substitute of notice sorting machines.

Within the round on ‘Observe Sorting Machines – Authentication and Health Sorting Parameters’, the RBI mentioned a match notice is “a notice that’s real, sufficiently clear to permit its denomination to be readily ascertained and thus appropriate for recycling”.

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