New 20 rupees Notes: If you have just kept a 20 rupee note in your pocket and you have recently heard that RBI is going to bring a new note, then the only question that must be arising in your mind – will this old note be used now or not? Is it that a new note will come and the old note will be made useless?
If you are also in this concern, then read this article completely. Here we will tell you what will be the change in the new note of 20 rupees, what will happen to the old notes, when will the new note come and why all these changes are happening. All in casual and easy language.
Will the old notes be banned?
New 20 rupees Notes: Absolutely not. RBI has clearly stated that there will be no impact on the validity of old notes. Whatever ₹ 20 notes you have, irrespective of the governor’s signature on it, all those notes will remain valid. Meaning you can use them, make payments, buy goods – everything.
Unless the RBI formally declares a note out of circulation, it is considered legal tender. That is, the old notes are completely legal.
Why is a new note being issued?
New 20 rupees Notes: Every time a new governor is appointed, new currency notes are issued with his signature. This is a regular process. Its purpose is to keep currency notes up-to-date and also to reflect the tenure of the governor.
There is no case of any policy change or demonetisation. Just a routine update.
What is the case?
New 20 rupees Notes: The Reserve Bank of India (RBI) has announced that it is going to issue a new note of 20 rupees soon. But don’t worry, there won’t be any major changes. Only the Governor’s signature is changing, everything else will remain the same.
The new note will be a part of the Mahatma Gandhi (New) Series and will only have the signature of Sanjay Malhotra, who became the Governor of RBI from 11 December 2024. The rest of the color, design, features, size will all remain the same.
What are the features of the 20 rupee notes
- Color: Yellow and Green Combination i.e. Greenish Yellow
- Size: 63 mm x 129 mm
- Design: Picture of Ellora Caves in the back Security
- Features: Watermark, Number Panel, Micro-Text, Security Thread
- Series: Mahatma Gandhi (New) Series
With the help of all this, the note can be easily identified and fake notes are protected.
When will the new notes be available in the market?
RBI has said that the process of issuing new notes will start soon. Since Sanjay Malhotra has become Governor since December 2024, now the notes with his signature will be issued gradually.
Common misconceptions of people
New 20 rupees Notes: Often whenever a new note comes, people get nervous that the old notes will no longer run. Some people also refuse to accept old notes at the shops. But this is completely wrong.It may be that these notes will first appear in some banks and then gradually spread throughout the country. But this does not mean that the old notes will be closed immediately.
Unless there is an announcement like demonetisation by the RBI or the government, no note is invalid. All old notes will continue to be in circulation till they are formally demonetised.
What is important to you?
New 20 rupees Notes: If you have old Rs 20 notes, rest assured – they are perfectly legal. When a new note comes in the market, keep in mind its color and size to identify it. Don’t pay attention to any rumours. Only consider RBI or government information. If a shopkeeper or person refuses to accept the old notes, you can tell him that these notes are legal tender and the RBI has considered them valid.
This move of RBI is a normal process. On the arrival of every governor, new notes with his signature are issued. If the validity of old notes remains, then there is no need to panic.
The new ₹20 note will simply come with a new signature – everything else will remain the same. So the next time someone tells you a rumor that “the old note of 20 will not work anymore”, you can make him aware by sharing this information.
