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

An unfit notice is one that’s not appropriate for recycling due to its bodily situation or belongs to a sequence that has been phased out by the Reserve Financial institution of India.

The RBI directed banks that notice processing machines/notice sorting machines will do the authenticity verify every now and then. Any notice which isn’t discovered to be having all of the options of a real notice shall be labeled by the machine as suspect/reject.

Additional, as per the round, the banks should ship health stories of forex notes each three months to the RBI. The banks should inform RBI concerning the variety of notes which had been discovered unfit and notes that may be reissued after correct upkeep.

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