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This article is more than 2 year old.

Here are five features of new Rs 20 note you must know

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The Reserve Bank of India (RBI) is set to unveil Rs 20 notes soon and reports suggests that the new tender will come with unique features.

Here are five features of new Rs 20 note you must know
The Reserve Bank of India (RBI) is set to unveil Rs 20 notes soon and reports suggests that the new legal tender will come with unique features.
Lets take a look at some of the features of the new Rs 20 note, as reported by various media outlets:
  • The new Rs 20 notes will be introduced under the Mahatma Gandhi series and will be different in both design and dimensions from the existing Rs 20 notes. Unlike the existing notes, the image of Mahatma Gandhi will face rightwards in the new notes.
  • The new notes will be brightly colored and feature heritage sites and places of historical importance from around the country.
  • The reports also suggested that the existing Rs 20 notes will remain as legal tender even after the new notes are issued.
  • The decision to issue larger volumes of Rs 20 notes comes following a significant demand for the particular denomination in the market.
  • As per reports, bank data suggested that there are about 1,000 crore pieces of Rs 20 notes in circulation as of March 2018. This accounts for nearly a tenth of the notes that are in circulation in the market.
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