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Indian 50-rupee note

From Wikipedia, the free encyclopedia

Fifty rupees
(India)
Value50 (approx. $0.67)
Width135 mm
Height66 mm
Security featuresSecurity thread, latent image, micro-lettering, intaglio print, fluorescent ink, watermark, and see through registration device.[1]
Years of printingAugust 2017 - present
Obverse
DesignMahatma Gandhi
DesignerReserve Bank of India
Design date2017
Reverse
DesignHampi with Chariot
DesignerReserve Bank of India
Design date2017

The Indian 50-rupee banknote (50) is a denomination of the Indian rupee. The present 50 banknote in circulation is a part of the Mahatma Gandhi New Series of banknotes. However, 50 banknotes of the previous series (Mahatma Gandhi Series) will continue to be legal tender.[2]

The 50 banknote denomination was first introduced by the Reserve Bank of India (RBI) in 1975 as a part of the Lion Capital Series, which had the Ashoka pillar on the banknote. It was replaced by a watermark of Mahatma Gandhi in the Mahatma Gandhi Series, in 1996.[3]

Mahatma Gandhi Ji New Series

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On 10 November 2016, the Reserve Bank of India announced, a new redesigned 50 banknote was to be available as a part of the Mahatma Gandhi New Series.[4] On 18 August 2017, the Reserve Bank of India introduced a new 50 banknote in the Mahatma Gandhi (New) Series. However, 50 banknotes of the previous series will continue to be legal tender.[5]

Design

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The new version of the note has a depiction of Hampi with Chariot on the reverse, depicting the country's cultural heritage. The base colour of the note is Light Green. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.[6] The dimensions of the banknote are measured at 135 mm × 66 mm.[7]

History

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Lion capital series

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India 50-rupee, 1981

The 50 banknote in the Lion capital series was the highest denomination.

Design

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The obverse design included the Lion Capital. The reverse design included an image of the Old Parliament House.

Mahatma Gandhi Series

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India 50 INR, MG series, 2011, obverse
India 50 INR, MG series, 2011, reverse

Design

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As of 2012, the new sign has been incorporated in revised versions of the 50 note.[8] In January 2014 RBI announced that it would be withdrawing from circulation all banknotes printed prior to 2005 by 31 March 2014. The deadline was later extended to 1 January 2015, then to 30 June 2016.[9]

Security features

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The security features of the 50 banknote includes:[10]

  • A windowed security thread that reads 'भारत' (Bharat in the Devanagari script) and 'RBI' alternately.
  • Latent image of the value of the banknote on the vertical band next to the right hand side of Mahatma Gandhi's portrait.
  • Watermark of Gandhi that is a mirror image of the main portrait.
  • The number panel of the banknote is printed in embedded fluorescent fibers and optically variable ink.
  • Since 2005 additional security features like machine-readable security thread, electrotype watermark, and year of print appears on the bank note.

Languages

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Like the other Indian rupee banknotes, the 50 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. The languages are displayed in alphabetical order. Languages included on the panel are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu and Urdu.

Denominations in central level official languages (At below either ends)
Language 50
English Fifty rupees
Hindi पचास रुपये
Denominations in 15 state level/other official languages (As seen on the language panel)
Assamese পঞ্চাশ টকা
Bengali পঞ্চাশ টাকা
Gujarati પચાસ રૂપિયા
Kannada ಐವತ್ತು ರುಪಾಯಿಗಳು
Kashmiri پَنٛژاہ رۄپیہِ
Konkani पन्नास रुपया
Malayalam അൻപതു രൂപ
Marathi पन्नास रुपये
Nepali पचास रुपियाँ
Odia ପଚାଶ ଟଙ୍କା
Punjabi ਪੰਜਾਹ ਰੁਪਏ
Sanskrit पञ्चाशत् रूप्यकाणि
Tamil ஐம்பது ரூபாய்
Telugu యాభై రూపాయలు
Urdu پچاس روپیے

References

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  1. ^ "Are there any special features in the banknotes of Mahatma Gandhi series- 1996?". Your Guide to Money Matters. Reserve Bank of India. Archived from the original on 12 January 2012. Retrieved 11 January 2012.
  2. ^ "Yes, RBI will shortly issue new Rs 50 currency note". Indian Express.
  3. ^ Republic India Issues Archived 18 January 2012 at the Wayback Machine Reserve Bank of India.
  4. ^ "Reserve Bank of India - Press Releases".
  5. ^ "Yes, RBI will shortly issue new Rs 50 currency note". Indian Express.
  6. ^ "RBI Introduces 50 banknote in Mahatma Gandhi (New) Series". Reserve Bank of India. 18 August 2017. Retrieved 18 August 2017.
  7. ^ "RBI announces new Rs 50 currency note, here's how it looks like". Economic Times.
  8. ^ "Issue of ₹20/- and ₹50/- denomination Bank notes without inset letter and with ₹ symbol". RBI. Retrieved 12 April 2012.
  9. ^ "Withdrawal of Currencies Issued Prior to 2005". Press Information Bureau. 25 July 2014. Retrieved 25 July 2014.
  10. ^ RBI - 50 security features