RBI Clean Currency Policy: Many times we see in the market that if something is written on a currency note, the shopkeeper or trader refuses to take it saying that its legal validity has expired.
RBI Clean Currency Policy: Many times we see in the market that if something is written on a currency note, the shopkeeper or trader refuses to take it saying that its legal validity has expired. Some such messages seem to be going viral on social media, in which, citing the Reserve Bank of India, it is said that if anything is written on the new notes, these notes become invalid and they no longer remain legal tender.
Know what the clean note policy of RBI says
But what is the truth and what does the RBI rule say about it, let us answer this question. Sarkar PIB Fact Page has made a tweet regarding this message and has clarified that if you see such messages, do not believe them because they are completely fake. If you find such currency notes of 2000, 500, 200, 100, 50 or 20 rupees in the market, on which something is written, you can consider it valid without any fear.
Where can the written, mutilated notes be changed?
According to the Reserve Bank of India, if you write something on currency notes, it reduces their duration, but they do not become invalid. Under the clean note policy of RBI, people are urged not to write anything on the note. Because this reduces their lifetime and they get spoiled. Significantly, you can change dirty and mutilated currency notes at the counter of banks at any time. This rule of RBI also applies to coins and small denomination coins. and you can exchange them for new coins or notes.
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