Mahatma Gandhi Indian 500 Rupee Note

Country of Origin: India

Year of Issue: 2016-Present

Denomination: 500 Indian Rupees (₹500)

Composition: Cotton paper base with security features (not a coin)

Mahatma Gandhi Indian 500 Rupee Note

Brief Description

A stone-grey banknote featuring a portrait of Mahatma Gandhi on the obverse and the Red Fort on the reverse. It includes a security thread and the Swachh Bharat logo.

Historical Significance

This note was introduced following the 2016 Indian banknote demonetisation strike, which invalidated older 500 and 1000 rupee notes to combat corruption and 'black money'.

Estimated Value

$6.00 USD (Face value equivalent, varying by exchange rates)

Care Instructions

Store in a cool, dry place. Avoid folding heavily or exposing to moisture. For collectors, keep in a PVC-free currency sleeve to prevent staining or degradation.

Created At: 2026-03-31T06:20:27.978669