History of five hundred rupee note
History of five hundred rupee note in uae
Five hundred thousand!
Indian 500-rupee note
Highest value banknote of the Indian rupee
Banknote
The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee.
In 1987, the ₹500 note was introduced, followed by the ₹1,000 note in the year. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series.
History of five hundred rupee note
The previous banknotes of the Mahatma Gandhi Series, in circulation between October 1997 and November 2016, were demonetised on November 8, 2016.
History
The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee.
In 1987, the ₹500 note was introduced, followed by the ₹1,000 note in 2000 while ₹1 and ₹2 notes were discontinued in 1995. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series.
The previous banknotes of the Mahatma Gandhi Series, in circulation between October 1997 and November 2016, were demonetised on 8 November 2016.
On 8 November 2016, Indian prime m