How to detect fake currency notes?

3.6K Views
0 Replies
1 min read
Sometimes while we withdraw money from ATMs there is a chance of a fake note. People say mostly fake notes will come in Rs.500 or Rs.1000.

Can somebody tell me the simple way to detect a fake note?

20 Replies

There are a number of differences between fake and real notes. There is a line and amount hidden that can be seen in light.
I think this link will help you Meean

http://economictimes.indiatimes.com/quickiearticleshow/3354272.cms
Meean,
I was a cashier for four years in government wing.I came through many such.At touch itself it was known.I think experience is the factor there.
Its so easy, but we have pay the small attention for detection.

the following can be appears on the genuine note.

1. Water mark
2. Silver thread printing with RBI mark
3. RBI logo
4. RBI governor signature in English and Hindi
5. Different states language by mentioning the note value
6. Black dot or triangle spot appears very clear at water mark
7. In case of Rs.500 note, slightly appear 500 number when bends the note
8. In case of Rs.1000 note figure appears in water mark.
9. Govt official stamp (four Lion heads)appears
10.Printing letters sensible while touches.
My father-in-law is a retired bank manager. He is very experienced that just by seeing, he can make difference of the fake one!
I think suggestion given by friends to know about fake note. Thank God I did not face fake note till date.
@Santosh! till you don't know that it is a fake one, every note is valuable and pretends to be real.
Unknowingly that its a fake note, note passes away from one hand to the other.
Ok Deepti I got your point. I think it is possible that I got fake note but I did not know that is fake.
:) This may not be in your case only. May be happened to me also.
As there are a lot of fake notes circulated in the market, there is alot of probability.
Let me tell you another thing....

My father is a business man, in specific authorized electronic dealer. He has many employed boys in his shop for selling electronic goods.

U know, at the end of the day, while counting the profits, they come across atleast 5-6 Rs 500 notes per day that are detected by them..... No need to mention may be some more not detected!!!!

In this way the fake notes are circulating. No one gives them intentionally... But it happens.....
Thanks for sharing information Deepti. Keep it up. Share some more information.
One can visit the RBI site which has given some quidelines on this issue.
Yes we come across fakes and i too saw it some time back. Thanks Sunny and babu for the information. It is very important to know this details..
Thanks a lot Babu and Sunny for your valuable information. Everyone must be aware of it.
nice thread very informative. In my personal view by showing the note to the light and feeling it with hands can tell you
A 21-year-old engineering student Neha M, has developed a mechanism by which a cellphone can double up as a counterfeit note detector, and for this project, she won the Rs. 1 lakh prize at the Innovation Challenge, organized by Schneider Electric India, where Neha competed with 150 entries from engineering colleges across the country, reports Gayatri Nair of Bangalore Mirror.



Neha, a student of Vidya Vikas Institute of Engineering and Technology in Mysore says, "The increasing number of counterfeit notes in the country prompted me to develop this device. A trained eye can detect a fake note, but not the common man."

Her aim was to empower the common man with a easily available device to help him detect fake notes. That's why she decided to use a mobile phone for her project, which she started off seven months ago.

"I read a number of surveys by the Intelligence Bureau on the circulation of fake notes, features of currency notes, security features, including water markings and magnetic ink," said Neha who is an alumni of Jyoti Nivas College at Koramangala.

The most important tips came from the Reserve Bank of India (RBI). "In October, the bank held an exhibition, where officials discussed various features of currency notes and how they are printed," she said. Neha took the opportunity to ask the officials about fake notes. However, she faced a problem when she wasn't allowed to touch fake currency, as it is against the rules. "But, after much persuasion, I got to at least see the notes," she recalls.
Thanks for sharing this information with all of us in forums.
Small and ingenious device for testing illegal currency R useful. Test any currency bill before you accept it.
Once I was held by Punjab National Bank Clerk for having fake note of five hundred rupees. Actually, it came from one of my friends.
I agree with you Gulshan ji. The line will be misssing in fake note.

Topic Author

M

Meean

@meensatwork

Topic Stats

Created Thursday, 22 April 2010 13:51
Last Updated Tuesday, 30 November -0001 00:00
Replies 0
Views 3.6K
Likes 0

Share This Topic