Indian 50-rupee note explained

Country:India
Denomination:Fifty rupees
Value:50 (approx. $)
Width Mm:135
Height Mm:66
Security Features:Security thread, latent image, micro-lettering, intaglio print, fluorescent ink, watermark, and see through registration device.[1]
Years Of Printing:August 2017 - present
Obverse:India new 50 INR, MG series, 2018, obverse.jpg
Obverse Design:Mahatma Gandhi
Obverse Designer:Reserve Bank of India
Obverse Design Date:2017
Reverse:India_new_50_INR,_MG_series,_2018,_reverse.jpg
Reverse Designer:Reserve Bank of India
Reverse Design Date:2017

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

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

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 Fluorescent blue. 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

Lion capital series

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

Design

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

Mahatma Gandhi Series

Design

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

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

Languages

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)
Language50
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
Oriya: ପଚାଶ ଟଙ୍କା
Panjabi; Punjabi: ਪੰਜਾਹ ਰੁਪਏ
Sanskrit: पञ्चाशत् रूप्यकाणि
Tamil: ஐம்பது ரூபாய்
Telugu: యాభై రూపాయలు
Urdu: پچاس روپیے

Notes and References

  1. Web site: Are there any special features in the banknotes of Mahatma Gandhi series- 1996? . Your Guide to Money Matters . Reserve Bank of India . 11 January 2012 . dead . https://web.archive.org/web/20120112123135/http://www.rbi.org.in/scripts/FAQView.aspx?Id=39 . 12 January 2012 .
  2. News: Yes, RBI will shortly issue new Rs 50 currency note. Indian Express.
  3. http://www.rbi.org.in/currency/museum/p-rep.html Republic India Issues
  4. Web site: Reserve Bank of India - Press Releases.
  5. News: Yes, RBI will shortly issue new Rs 50 currency note. Indian Express.
  6. Web site: RBI Introduces 50 banknote in Mahatma Gandhi (New) Series. 18 August 2017. Reserve Bank of India. 18 August 2017.
  7. News: RBI announces new Rs 50 currency note, here's how it looks like.. Economic Times.
  8. Web site: Issue of ₹20/- and ₹50/- denomination Bank notes without inset letter and with ₹ symbol. RBI. 12 April 2012.
  9. Web site: Withdrawal of Currencies Issued Prior to 2005 . Press Information Bureau . 25 July 2014 . 25 July 2014.
  10. https://paisaboltahai.rbi.org.in/50.aspx RBI - 50 security features