Indian 500-rupee note
| (India भारत) | |
|---|---|
| Value | ₹500 |
| Width | 167 mm |
| Height | 73 mm |
| Security features | Secure thread, latent image, micro-lettering, intaglio print, fluorescent ink, optically variable ink, watermark, and see through register.[1] |
| Years of printing | October 1987 - present |
| Obverse | |
 |
|
| Design | Mahatma Gandhi |
| Design date | 1997 |
| Reverse | |
 |
|
| Design | Dandi March |
| Design date | 1997 |
The Indian five hundred rupees banknote (₹500) is a denomination of Indian currency. It was first introduced by the Reserve Bank of India in October 1987 in order to contain the volume of banknotes in circulation due to inflation.[2] The note prominently featured the portrait of Mahatma Gandhi instead of the Emblem of India, the Lion Capital of Sarnath. Popularity of this design led to the eventual redesign of the motifs of Indian banknotes and the introduction of the Mahatma Gandhi series banknotes.
Security features
The security features of the five hundred rupees banknote includes a windowed security thread that reads 'भारत' (Bharat in the Devanagari script) and 'RBI' alternately. It also includes latent image of the value of the banknote on the vertical band next to the right hand side of Mahatma Gandhi’s portrait. The white field contains a watermark of Mahatma Gandhi that is a mirror image of the main portrait. In addition the number panel of the banknote is printed in fluorescent and optically variable ink and the paper contains embedded fluorescent fibers. Since 2005 additional security features like machine-readable security thread, electrotype watermark, and year of print appears on the bank note.
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