Fake Notes Beware !
The Reserve Bank of India has admitted that security features introduced in the higher denomination Notes in 2005 as an anti-counterfeiting measure have been breached !
In an urgent alert to all private, foreign and public sector banks, RBI has made use of Note Sorting Machines compulsory while handling cash in their branches.
The step emanates from seizure of 345 counterfeit notes of Rs 1,000 denomination in series 2AQ and 8AC bearing the signature of former RBI Governor Dr Y V Reddy by the Anti-terrorist Squad of Mumbai.
Ways to detect a fake note
Optical 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 also reduced.
Latent Image: When the note is head horizontally, the vertical band on the right shows an image of the number 1000.
Security Thread: The note also has a three millimeter wide security thread with the inscriptions: one thousand, the word ‘Bharat’ in Hindi and RBI.
Micro lettering: The ‘RBI’ and the numeral, “1000″ - which can be viewed with the help of a magnifying glass - are between the Mahatma Gandhi portrait and the vertical band.
Watermark: When the note is held against the light, the picture of Ghandi and an electrolyte mark showing the number 1000 appear in the white space.
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