RBI introduces new 10 rupee note

MUMBAI:  RBI has launched a new ten rupee note which is chocolate brown in colour. The new 10 rupee note will have the same height of 63mm as the current ten rupee note but the width of the note will be 123mm – slightly lesser than the existing note’s width of 137mm.

In addition to the difference in colour and size of the new note, the main difference is that the reverse side of the note will feature a motif of the Konark Sun Temple. If you have not noticed the existing 10 rupee note, we would like to highlight that the existing note has the image of fauna of India – rhinoceros. elephant and tiger.

The RBI mentioned in the recent report that it will shortly be putting out the new note into circulation in the market bearing signature of governor Mr. Urjit Patel. The note also features different designs, geometric motifs in cohesion with the overall colour scheme, both at the obverse and reverse. Existing banknotes in the denomination of Rs 10 in the earlier series will continue to be legal tender as of now.

Some other features of the new note which are worth mentioning are – a see-through register with denominational numeral 10 and the same in Devnagari script as well, portrait image of Mahatma Gandhi at the centre and the new note will also have windowed demetalised security thread with inscriptions ‘Bharat (in devnagri ).

Like the other new series notes which has recently been issued by RBI, the new 10 rupee note will have the year of printing on the left side of the note, the ‘Swachh Bharat’ logo with slogan and language panel as a part of the design. These notes are expected to be put into circulation by the RBI and banks through their branches in different regions.

Meanwhile RBI has asked banks to accelerate recalibration of their ATMs so that the newly introduced Rs. 200 notes can be put into circulation.

Since demonetization RBI has launched new design for five denominations. While the new Rs 2,000 and Rs 500 notes were launched soon after demonetisation, RBI had recently introduced the new Rs 200 and Rs 50 notes.

While only new designs are in circulation for denominations of Rs 200 and above, the older notes would continue to exist in the case of Rs 10 and Rs 50 notes.