
The introduction of Rs 200 is much more than an added cuurency to the Indian denomination. Expected to be in circulation from tomorrow, the currency note certainly is an addition to the Mahatma Gandhi (New) Series tomorrow. However, it has already gained popularity as it is expected to address the liquidity issue and also reduce the burden on Rs 100 note.
RBI, in a statement, said, "The Reserve Bank of India will issue on August 25, Rs 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks."
On the other side of the note is the motif of India's cultural heritage site Sanchi Stupa. The base colour is bright yellow and the note has designs, patterns and motifs in sync with the overall colour scheme on both the sides. This note will fulfill the shortage of small changes after the demonetisation of Rs 500 and Rs 1000 notes. RBI also expects the new note to be very popular as there are no other small denominations between Rs 100 and Rs 500.
Things that you need to know about the Rs 200 note
On the front, one can see:
On the reverse, one can see:
It is to be noted that dimension of the banknote will be 66 mm x 146 mm.
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