Indian Rupee - Banknotes

Banknotes

The design of banknotes is approved by the central government, on the recommendation of the central board of the Reserve Bank of India. Currency notes are printed at the Currency Note Press in Nashik, the Bank Note Press in Dewas, the Bharatiya Note Mudra Nigam (P) presses at Salboni and Mysore and at the Watermark Paper Manufacturing Mill in Hoshangabad.

The current series of banknotes (which began in 1996) is known as the Mahatma Gandhi series. Banknotes are issued in the denominations of 5, 10, 20, 50, 100, 500 and 1000. The printing of 5 notes (which had stopped earlier) resumed in 2009. ATMs usually distribute 100, 500 and 1,000 notes. The zero rupee note is not an official government issue, but a symbol of protest; it is printed (and distributed) by an NGO in India.

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