A claim circulating on social media that the Reserve Bank of India (RBI) has introduced a new ₹1,000 currency note featuring a temple has been declared false by the government’s fact-checking agency, the Press Information Bureau (PIB).
Images and videos of a yellow-coloured ₹1,000 note featuring a temple have been widely shared online. The viral posts claim that the new currency note will become available in the market from November 15. However, PIB has clarified that neither the government nor the RBI has announced the issuance of such a note.
The fact-checking agency has urged people not to believe or share unverified claims and to rely only on information published through official government and RBI channels.
What Is the Claim About the New ₹1,000 Note?
A picture of a yellow-coloured currency note featuring a temple has been circulating on social media platforms. The accompanying messages claim that the RBI has designed a new ₹1,000 note and that it will enter circulation from November 15.
The images have prompted several social media users to believe that the central bank is preparing to introduce a new denomination.
However, there is no official announcement supporting this claim.
What Did PIB Say?
The Press Information Bureau’s fact-checking unit has debunked the viral claim, clarifying that the RBI has made no announcement regarding the issuance of a new ₹1,000 currency note.
According to PIB, the claim is entirely false. Neither the government nor the central bank has announced any decision to introduce the currency note shown in the viral images.
The agency has advised citizens to verify such information through official sources before believing or forwarding messages on social media.
Which Currency Notes Are Currently in Circulation?
The following denominations of Indian banknotes are currently in circulation:
- ₹10
- ₹20
- ₹50
- ₹100
- ₹200
- ₹500
The ₹1,000 denomination was withdrawn from circulation as part of the demonetisation announced by the government in November 2016.
The RBI has not announced its reintroduction.
Who Issues the ₹1 Note?
Unlike other Indian banknotes, the ₹1 currency note is issued by the Ministry of Finance, Government of India, rather than the RBI.
The RBI had also discontinued the printing of ₹2 and ₹5 banknotes. However, existing notes of these denominations continue to remain legal tender, provided they have not otherwise been withdrawn from circulation.
Beware of Fake Currency News on Social Media
The viral ₹1,000 note claim highlights the importance of verifying financial information before sharing it online.
People should check announcements on the RBI’s official website and PIB’s fact-checking platforms before believing claims about new currency notes, changes in denominations or their introduction dates.
Fact Check Verdict: False. The RBI has not announced the issuance of a new ₹1,000 currency note featuring a temple. The viral image and the claim that the note will be available from November 15 are not supported by any official announcement.