Reserve Bank Of India keeps giving information to people to differentiate between real and fake notes. With which people can easily identify real and fake notes.
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RBI Guideline about Same Serial Number of Note: If you do money transaction and you suddenly get two notes of the same serial, then what will you do in such a situation. Many types of questions start arising in the minds of people regarding this. Many times, while taking a note, doubt remains whether this note is fake or not. If you want to identify it, then you can easily identify the real and fake of two notes of the same serial number. Because the Reserve Bank of India (Reserve Bank of India) keeps giving information to differentiate between real and fake notes. With which people can easily identify real and fake notes.
Suppose you have two notes of 500 rupees and both have the same serial number. In such a situation, will that note be considered fake or valid? Let us know what the Reserve Bank says about this – Reserve Bank of India is responsible for issuing currency in the country. According to section 22 of the Act, the Reserve Bank has the right to issue notes in India. Section 25 clearly states that the design, form and content of the notes are prepared in accordance with the approval of the Central Government after considering the recommendations of the Central Board of the Reserve Bank of India.
serial number same
Now the basic question is that if the serial number of two notes is the same, then will they be considered valid? In this regard, the Reserve Bank of India says that it is possible that two or more bank notes have the same serial number. , but either with a different inset letter or with a different year of printing or with the signature of a different Governor of the Reserve Bank of India. An inset letter is a character printed on the number panel of a banknote. Notes can also be without any inset letter.
serial number in notes
The Reserve Bank of India used to give numbers to the bank notes issued till August 2006. Each of these bank notes was given a unique serial number starting with a number or letters. These bank notes are issued in the form of packets of 100 pieces. Suppose a note is not in payable condition, then you can exchange it by going to any bank branch.
Recipient banks keep such notes with them and send them to the Reserve Bank of India where they are destroyed. Bank notes withdrawn from circulation are accepted at the Issue Offices of the Reserve Bank of India. The Reserve Bank, inter alia, verifies these bank notes and after all kinds of tests separate the unfit notes and put them in the category of destruction.
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