According to the RBI's Clean Note Policy, users are asked not to write anything on a currency note because doing so shortens its lifespan.
Digital Desk: A banknote is not rendered invalid by writing anything on it. It still serves as legal tender. The Reserve Bank of India (RBI) encourages people to avoid ng anything on currency notes because it shortens their lifespan and defaces them.
Therefore, you can accept notes marked Rs 2000, Rs 500, Rs 200, Rs 100, Rs 50, or Rs 20 as legal tender without any concern.
A false allegation that was being shared on social media prompted the government's official fact-checker, PIB Fact Check, to draw attention to the aforementioned problem. According to the false letter, fresh notes with any writing on them are no longer valid per the new RBI regulations.
What the Fake Message Said
The statement was made in a post shared on social media. "As per New Guidelines of Reserve Bank of India, Writing anything on new notes makes the note invalid and it will no longer be a legal tender," it read.
PIB Fact Check declared the aforementioned claim to be false and tweeted, "NO, Bank notes with scribbling are not invalid & continue to be legal money."
RBI's Opinion
According to the RBI's Clean Note Policy, users are asked not to write anything on a currency note because doing so shortens its lifespan.
People are asked not to scribble on currency notes as per the Clean Note Policy because doing so defaces the notes and shortens their lifespan, according to PIB.
People are asked to refrain from doing the following the RBI's Clean Note Policy:
Use banknotes to make garlands, toys, decorate pandals and places of worship, or shower celebrities at social gatherings, among other things. Staple currency notes.
• Scratch or write on the banknotes
At bank teller counters, dirty and damaged cash notes can be easily exchanged. In a similar vein, banks also freely exchange coins and small denomination notes.
Free Exchange of Dirty Notes
According to the RBI's "Master Circular - Facility for Exchange of Notes and Coins" issued July 1, 2020, all bank branches across the nation are required to offer the following customer services to the general public more actively and vigorously:
• On demand, issuing new, high-quality currency in all denominations;
• On demand, issuing new, high-quality currency in all denominations; swapping of such notes is optional for small financial institutions and payment banks.
• Accepting coins and bills for exchange or transactions.
"All Bank Notes, even those with writing or stains (including colour stains), are legal money. According to RBI, such notes may be deposited or exchanged at any bank branch.
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