Indian 1000-rupee note

One thousand rupees

(India)
Value	₹1000
Width	177 mm
Height	73 mm
Security features	Secure thread, latent image, micro-lettering, intaglio print, fluorescent ink, optically variable ink, watermark, and see through register.
Paper type	special veriety of cotton ,linen, abaca and fibre
Years of printing	November 2000 – November 2016
Obverse
Design	Mahatma Gandhi
Design date	2000
Reverse
Design	Economy of India
Design date	2000

The Indian 1000-rupee banknote (₹1000) was a denomination of the Indian rupee. It was first introduced by the Reserve Bank of India, in 1938 under the British rule and subsequently demonetized in 1946. Post-independence, the denomination was once again introduced in 1954. In January 1978, all high-denomination banknotes of ₹1000, ₹5000, and ₹10,000 were demonetized in order to curb unaccounted cash money.^[1][2]

In order to contain the volume of banknotes in circulation due to inflation the ₹1000 banknote was reintroduced in November 2000 as a part of the Mahatma Gandhi Series of banknotes, which on 8 November 2016, was demonetized by the Prime Minister of India Narendra Modi, with the claimed reason as preventing the issue of counterfeit currency and to fight corruption and black money in India.

Mahatma Gandhi New Series

On 10 November 2016, Shaktikanta Das from the ministry of finance announced, a new ₹1000 banknote would be released in the Mahatma Gandhi New Series in the coming months.^[3]

Mahatma Gandhi Series

Design

The ₹1000 banknote of the Mahatma Gandhi Series is 177 × 73 mm Amber-red coloured, with the obverse side featuring a portrait of Mahatma Gandhi with a signature of the governor of Reserve Bank of India. It has the Braille feature to assist the visually challenged in identifying the currency. The reverse side features the motif of an oil rig, a satellite and a steel foundry, all together featuring the Economy of India.

As of 2011, the new ₹ sign has been incorporated into banknote of ₹1000.^[4] 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. Now further dead line was extended to 30 June 2016.^[5]

Security features

The security features of the ₹1000 banknote includes:^[6]

• 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 Mahatma 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.

Discontinuation

On 8 November 2016, Prime Minister Narendra Modi announced that "Starting from midnight 8th November 2016 all ₹1000 banknotes of the Mahatma Gandhi Series will not be accepted as a form of legal tender, although new ₹500 and ₹2000 banknotes of the new Mahatma Gandhi New Series were unveiled.^[7]

Languages

As like the other Indian rupee banknotes, the ₹1000 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.

References

Also Check: The limit to exchange Rs 500 and Rs 1000 notes is Rs4000/person