But the Finance Ministry put an end to all these rumors by answering in Parliament. The ministry said that the Reserve Bank of India’s ( RBI) aim is only to increase the number of small notes i.e. 100 rupees and 200 rupees. So that, common people do not face any kind of problem.

What is the new instruction?

RBI has issued a circular on 28th April 2025, directing all the banks and white label ATM operators to

By 30 September 2025 – 75% of the ATMs in the country should dispense at least one cassette of Rs 100 or Rs 200 notes.

By 31 March 2026 – 90% of ATMs should have this facility. This means that the number of small notes in ATMs will increase, but 500 rupee notes will also continue to be available simultaneously.

Why is this change necessary?

Small notes are very important for daily shopping, taxi fare, vegetables and fruits and other small expenses. At present, many times when a 500 rupee note comes out from the ATM , the shopkeeper or the customer faces the problem of change. RBI wants that people should get small notes directly from the ATM , so that this problem is reduced.

What questions and answers took place in the Parliament?

In Rajya Sabha, MPs Yerram Venkat Subba Reddy and Milind Deora had asked whether the government is going to ban 500 rupee notes or is there a plan to stop their dispensation from ATMs . In response to this, the Finance Ministry clearly said that there is no proposal to stop the supply of 500 rupee notes. Along with 500 rupees, 100 and 200 rupee notes will also continue to be available in ATMs .

The post Rupees 500 Note: Will ₹500 Notes Disappear from ATMs? Here’s What the Government Says first appeared on Rightsofemployees.com.

This video has gone viral on social media and so far more than 4.5 lakh people have seen it. However, regarding this claim, the Press Information Bureau (PIB) on behalf of the Government of India has clearly said that this claim is completely false.

Will 500 rupee notes go out of circulation?

PIB issued a statement saying that no announcement has been made by the Reserve Bank of India (RBI) regarding the discontinuation of ₹ 500 notes. These notes are completely valid and will remain in circulation. It was said in the viral video that RBI will gradually start removing 500 rupee notes from 2026. But PIB called it a rumor and said that RBI has not issued any such policy or directive. PIB has appealed to the general public not to trust such false claims and also not to share them on social media.

What to do?

Before sharing any news, check its authenticity.

Trust only the information received from government or official sources.

Report fake news that is going viral.

There is no need to panic about any decision related to the government until there is an official confirmation. Such false information spreads unnecessary fear and confusion among people. Therefore, do not believe or spread anything without knowing the truth.

The post Rupees 500 Note: Is the 500 rupee note going to be discontinued? government said this first appeared on Rightsofemployees.com.