Reserve Bank of India releases plastic currency notes

By Shekhar Sahu on 22 September 2009 6:00 PM

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Reserve Bank of India (RBI) published Rupees 10 polymer notes recently. The note is made of polymers (plastic) in the place of normal cotton notes. Yes, the notes we use today are made of pure cotton, not paper. The plastic notes have the lifespan of 5 years which is 5 times greater than normal notes. It doesn't get dirty. RBI destroys thousands of currency notes every day. We have been facing currency problems.


The plastic notes cant be copied. So, it will help us to get rid of fake notes. Pakistan is nowadays supplying fake notes which is hard to differentiate.

Once my friend Akhilesh went to the bank to deposit some money. At the counter, the cashier took out a Rupees 1000 note and tore off. "It was a fake note", Cashier told him. My friend could not identify that was fake.
So, check the note carefully before taking, giving notes and withdrawing from ATM. Reserve Bank of Australia (RBA) has been publishing plastic currency notes for 20 years.

What are you going to do with your first plastic (polymer) note?               

Shekhar Sahu
shekharsahu.co                                     

2 comments for this post

I'm eagarly awaiting my first ₹10 polymer note. I will save it and show it to all my friends. Hopefully it is more durable and washable than the paper notes.

Posted on October 25, 2010 at 12:02 AM  

I'm eagarly awaiting my first ₹10 polymer note. I will save it and show it to all my friends. Hopefully it is more durable and washable than the paper notes.

Posted on November 28, 2010 at 3:36 PM  
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