Finding out the difference between genuine and fake currency has probably been one of the biggest issues we face on a day to day basis. Circulating and possession of fake currency with/without one’s knowledge is subject to criminal proceedings under the Indian Penal Code. It can even lead to stringent punishment if unnoticed. Even shopkeepers and those who deal a lot of cash transaction might commit this mistake.
Reserve Bank of India has given strict guidelines to the general public to look at currency notes before blindly accepting them. Similar such guidelines have been set up with banks to reduce the circulation of fake currency and to identify the unscrupulous elements.
Please find below a list of seven compiled pointers which can be helpful in identifying fake currency:-
See through Register: The floral design printed both on the front and reverse in the middle of the vertical brand next to the watermark window has the denominational numeral 100, 500, 1000.
Half the numeral is printed on the front and half on the reverse. Both the printed portions have an accurate back to back registration so that the numeral appears as one when viewed against light.
The floral design printed both on the front (hollow) and reverse (filled up) in the middle of the vertical band next to the watermark window has the denominational number `100’. Half the numeral is printed on the front of the note and half from the reverse. Both the printed portions have an accurate back to back registration so that the numeral appears as one when viewed against light.
Identification Mark: Diamond with intaglio print, which can be felt by touch, helps the visually impaired to identify the denomination
Watermark: The portrait of Mahatama Gandhi, the multi-directional lines and an electrotype mark showing the denominational numeral 100, 1000 appear in this section and these can be viewed better when the banknote is held against the light.
Optically variable ink: The colour of the numeral 1000 appears green when the banknote is held flat but would change to blue when the banknote is held at an angle. The font size is reduced.
Intaglio printing: The portrait of Mahatma Gandhi, the Reserve Bank seal, guarantee and promise clause, Ashoka Pillar emblem on the left, RBI Governor’s signatures on the bank notes and identification mark for the visually impaired in the Intaglio, which can be felt by touch.
Latent image: The vertical band contains latent image showing the numeral 1000, when the banknote is held horizontally at eye-level.
Microlettering: The letters ‘RBI’ and the numeral ‘1000’, 100 can be viewed with the help of a magnifying glass in the zone between the Mahatma Gandhi portrait and the vertical band.
Security Thread: 3 mm wide security thread with inscriptions ‘Bharat’ writted in devanagri, ‘1000’ and ‘RBI’ and colour shift from green to blue when viewed from different angles. It will fluoresce in yellow on the reverse and the text and fluoresce on the obverse under ultraviolet light. The thread is visible as a continuous line from behind when held up against light.
Look for the following on the reverse side of the note: The year of printing appears on the reverse of the banknote. The new series of Rs 1000 banknote has paper with increased grammage and caliper thickness.
Colour: The overall colour scheme on the reverse is altered and will appear red in overall appearance with the language panel, numeral 1000 and Bharatiya Reserve Bank in brown colour.