RBI to issue Non-Sequential Numbered Banknotes in Denomination of Rs. 500

Press Release : 2010-2011/1810

With a view to enhancing operational efficiency and cost effectiveness in banknote printing at banknote presses, it has been decided to issue, to begin with, fresh banknotes of  Rs. 500 denomination in packets, which may not necessarily all be sequentially numbered. This is consistent with international best practices. Packets of Banknotes in non-sequential number will, as usual, have 100 notes. The bands of the packets containing the banknotes in non-sequential number will clearly be superscribed with the legend, “The packet contains 100 notes not numbered sequentially”.

Ajit Prasad
Assistant General Manager


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