The lean period of the early sixties led to considerations of economy and
the sizes of notes were reduced in 1967. In 1969 a commemorative design series
in honor of the birth centenary celebrations of Mahatma Gandhi was issued
depicting a seated Gandhi with the Sevagram Ashram as the backdrop.
Rupees One Hundred - Commemorative Design
Management of Currency had to cope with the rising demands of a growing
economy, together with a fall in purchasing power. The Rupee 500 note was
introduced in October 1987 with the portrait of Mahatma Gandhi. The water mark
continued to be the Lion Capital, Ashoka Pillar.
Rupees Five Hundred
Mahatma Gandhi Series
With the advancement of reprographic techniques, traditional security
features were deemed inadequate. It was necessary to introduce new features
and a new 'Mahatma Gandhi Series' was introduced in 1996. A changed watermark,
windowed security thread, latent image and intaglio features for the visually
handicapped are amongst the new features.
Rupees Ten : Size 137 x 63 mm
Rupees Fifty : Size 147 x 73 mm
Rupees One Hundred : Size 157 x 73 mm
Rupees Five Hundred : Size 167 x 73 mm
Rupees One Thousand : Size 177 x 73 mm