If you have a Rs 20 note, then this news is special for you. The Reserve Bank of India (RBI) has announced that a new Rs 20 note will be released in the market very soon. This new note will have the signature of the current RBI Governor Sanjay Malhotra.
What will the new Rs 20 note look like? The RBI has said that this new note will be of a new series and its design and features will be similar to the existing Rs 20 note. This means that there will be no major changes in the design, only the name of the Governor and some new features will be added.
Color and Size: The new Rs 20 note will be light greenish-yellow in color. Its size will be 63mm by 129mm. The reverse of the note will have a picture of the Ellora Caves, showcasing India’s cultural heritage.
What will be in the note?: 20 is printed in a floral design on the front and back. 20 will be written in Devanagari script. RBI, Bharat, India and 20 will be written in small letters on the note. It will also include the image of Mahatma Gandhi, Ashoka Pillar, Swachh Bharat logo and language panel. The front side will also have the signature of the RBI Governor, guarantee clause and RBI logo, which makes it official and secure.
Will old Rs 20 notes be discontinued? : No. RBI has clarified that all old Rs 20 notes will remain valid. This means that you can use them as before. The introduction of new notes will not stop the circulation of old notes.
What is the objective of RBI? The objective of RBI behind this step is that people get better quality and secure notes. The new notes will have better security features, which will reduce the risk of counterfeit notes. Along with this, efforts are also being made to promote the culture of India.
