What is the value of old 500 note?

What is the value of old 500 note?

Who knows you also can get either Rs 5,000 or Rs 10,000 in exchange of that note. If the serial number of old Rs 500 note has been printed twice, then you can get Rs 5,000. If the old Rs 500 note is big, that is, extra paper has been left on it, then you can get Rs 10,000.

Whose signature is found on 500 rupees note?

Design. The ₹500 banknote of the Mahatma Gandhi Series is 167 × 73 mm Orange-yellow coloured, with the obverse side featuring a portrait of Mahatma Gandhi with a signature of the governor of the Reserve Bank of India. It has the Braille feature to assist the visually challenged in identifying the currency.

What is Star note India?

The Star series notes will be legal tender and members of public may freely accept and use these notes. Consequently, some fresh banknote packets issued by the Bank may contain some notes having a *(star) in the number panel in the space between the prefix and the number.

How much does a 500 rs note weight?

Rs. 500 Silver Currency Note 999 Purity (18×7 Cm, 11.5gm), Weight: 11.4gm, Rs 170/unit | ID: 22670442612.

Can I sell my old 500 notes now?

If you do possess an old 500 rupee note, then you should first immediately check whether its serial number has been printed twice. If not, then you can earn around Rs 5,000 from this note. Also, if any particular edge of a 500 rupee note is larger than usual, then you can get 10,000 rupees for that note.

What can I do with old 500 notes?

What should I do if I have currency in Rs 500 and Rs 1,000 notes? You can deposit these notes into your bank accounts or they can be exchanged at bank branches till 30th December 2016. Bank notes of the combined value of Rs 4,000 only can be exchanged. Similar facilities will also be made available at Post Offices.

What can I do with old 500 rupee notes?

The Indians who still have the old Rs 500 and Rs 1000 notes can get them deposited in their bank account or the post office saving accounts or exchange them for new currency at the offices of the Central Bank.

How can we identify fake notes in India?

In genuine notes, the security thread is incorporated into the paper at the time of manufacture. But in fake notes, the security thread is imitated by drawing a line with a pencil, by printing a line with grey ink, or by using aluminium thread while pasting two thin sheets of paper.

How can I sell my 786 500 note?

If you have a note with the number 786, you can sell it on Ebay (Ebay, Website). This website is for the purpose of selling ancient banknotes and coins.

Can I exchange old 500 notes now?

The old currency notes of Rs 500 and Rs 1000 can now only be exchanged at the offices of the Central banks. Get to know the timings of the bank and make sure you reach there ahead of time to avoid long queues.

How can I check a currency serial number?

Serial Number A unique combination of eleven numbers and letters appears twice on the front of the note. Each note has a unique serial number. The first letter of the serial number corresponds to the series year.

What is the value of 500 rs note 786?

One such attribute that collectors look for is the number ‘786’ in the serial number on currency notes. These three digits appearing in this specific order can appreciate the note’s value to as high as ₹3 lakh.

Can I change old 500 rupee note now?

What is the old 500 rupee note called?

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.

Can you buy old Rs 500 notes on eBay India?

However, way past the law and order, eBay India currently has about 89 listings of old and new Rs 500 currency notes, being sold on the platform. And these notes are priced starting Rs 7,000 and go up to Rs 7,00,000. Also Read – Google Pay listed as payment option on eBay

Is it worth it to hold 500 rupees?

In case of 500 rupees majority of them is returned to the government. Hence the availability of 500 rupees in the market will be very very less. Ah you must be wondering who needs them? Coin & currency collectors. It will take long time but worth holding it. Hold it. You may have an opportunity to exchange at a later date.

How many languages are there in 500 rupee note?

Languages As like the other Indian rupee banknotes, the ₹ 500 banknote has its amount written in 17 languages. On the obverse, the denomination is written in English and Hindi. On the reverse is a language panel which displays the denomination of the note in 15 of the 22 official languages of India.