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₹500 — Five Hundred Rupees

India · new series Collected on the road, 1990–2026
India 500 Rupee, front
Front · click to enlarge

The artwork

Front: Mahatma Gandhi, from the 1946 portrait made at the Viceroy's House, set against pale olive guilloche and facing right. Above, the issuer's name in Devanagari and English with the central government's guarantee; below, the promise to pay five hundred rupees over the Governor's signature. The Ashoka Lion Capital sits at the right, a raised identification circle beside it, with the Reserve Bank seal and numerals in green at centre.

Back: The Red Fort at Delhi in line engraving, the Lahori Gate and curtain wall drawn out along the width, with the national tricolour flying above it. To the left, the Swachh Bharat broom device and its slogan, the year of printing, and the denomination written out in fifteen languages in a tall panel. Numerals in Devanagari and in English close the design.

In circulation

Issued from November 2016, when the old 500 and 1,000 rupee notes were demonetised overnight, this smaller stone-grey note became the workhorse of Indian cash. It remains legal tender and in daily use; the 2,000 rupee note that accompanied it was withdrawn from circulation in 2023, leaving this the largest denomination printed.

Details

  • IssuerReserve Bank of India — guaranteed by the Central Government
  • CurrencyRupee (₹)
  • DenominationFive Hundred Rupees
  • Collectedon the India journeys, 1992–2026
  • SeriesMahatma Gandhi (New) Series, 500 rupees
  • SignatureShaktikanta Das, Governor
  • WatermarkMahatma Gandhi portrait with electrotype 500
  • SecurityWindowed security thread lettered 'भारत' and 'RBI', shifting green to blue when tilted; raised print and an intaglio identification circle for the blind
  • Dimensions66 × 150 mm

See also

India — photographs & journal →