A new look Rs 20 note with additional features will be introduced according to a document of the Reserve Bank of India. The central bank has already issued new-look currency notes in the denominations of Rs 10, Rs 50, Rs 100, and Rs 500, besides introducing Rs 200 and Rs 2000 notes after demonetisation.
The new notes are being introduced under the Mahatma Gandhi (new) series. The new currency notes are different in size and design compared to issued previously, news agency PTI reported.
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All the new notes are different from the previous Mahatma Gandhi based notes. While Gandhi’s picture remains at the front the reverse side of notes has changed.
The new series notes introduced so far have features like denominational number written in Devnagri, micro letters ‘RBI’, ‘भारत’, ‘INDIA’ and denominational number, see-through register with the denominational number, angular bleed lines for visually impaired people to identify the notes, raised printing of Mahatma Gandhi portrait and raised identification mark H, windowed security thread which changes colour from green to blue when the note is tilted and portrait and electrotype watermark
As of March 2018, the Rs 20 notes accounted for 9.8% of the total number of currency notes in circulation, the report said.
According to RBI data, there were 4.92 billion pieces of Rs 20 notes in circulation as on 31 March, 2016. The number more than doubled to around 10 billion pieces by March 2018. The older notes will continue to remain in circulation.
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