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]
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 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]
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]
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.