PIB Fact Check: A message is becoming increasingly viral on social media. This message claims that RBI has instructed to stop withdrawing 500 rupees from ATM. Know what is the truth of this viral message.
Fact Check: Misleading claims are made on social media every day, which mislead people. One such claim is becoming viral about RBI, which has been fact checked by PIB. A message is becoming increasingly viral on social media and WhatsApp these days, in which it is being claimed citing RBI that the Reserve Bank of India has instructed to stop withdrawing 500 rupees notes from ATMs. PBI has termed this claim as completely fake and misleading in its fact check.
This message is completely fake
PIB Fact Check revealed the truth of the viral claim on social media platform X. PIB refuted this claim and termed it completely fake. According to PIB Fact Check, RBI has not issued any such instruction. 500 rupee notes will remain fully valid as legal tender. PIB clarified that a message about 500 rupee note is spreading rapidly on various social media platforms including WhatsApp, which is completely false.
Has RBI really asked banks to stop disbursing ₹500 notes from ATMs by September 2025? 🤔
A message falsely claiming exactly this is spreading on #WhatsApp #PIBFactCheck
✅ No such instruction has been issued by the @RBI
✅ ₹500 notes will continue to be legal tender.… pic.twitter.com/9ia2t8Nf0K
— PIB Fact Check (@PIBFactCheck) August 3, 2025
What is the claim in the message
The viral message on social media claims that RBI has instructed banks to stop withdrawing Rs 500 notes from ATMs by September 2025, which is completely wrong. Also, in the message going viral on social media platforms, citing RBI, it was also claimed that by March 2026, 75 percent of ATMs and after that 90 percent of ATMs will distribute only Rs 200 and Rs 100 notes. Also, people are being advised to spend the Rs 500 note as soon as possible.
Do not believe in misleading news
PIB termed this claim as misleading in its fact check. PIB has appealed to the people not to believe such misleading news and confirm the information from official sources before sharing it. Let us tell you that even before this, many types of fake claims have been made about Rs 500 and Rs 2000. From time to time, PIB has fact-checked these news and called these claims false.
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