Value ₹1000 Height 73 mm | Width 177 mm | |
Security features Secure thread, latent image, micro-lettering, intaglio print, fluorescent ink, optically variable ink, watermark, and see through register. Paper type special veriety of cotton ,linen, abaca and fibre Years of printing November 2000 – November 2016 | ||
The Indian 1000-rupee banknote (₹1000) was a denomination of the Indian rupee. It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in 1946. Post-independence, the denomination was re-introduced in 1954. In January 1978, all high-denomination banknotes of ₹1000, ₹5000, and ₹10,000 were demonetized in order to curb unaccounted cash money.
Contents
In order to contain the volume of banknotes in circulation due to inflation, the ₹1000 banknote was again re-introduced in November 2000, as a part of the Mahatma Gandhi Series of banknotes; these were demonetized on 8 November 2016 by the Prime Minister of India Narendra Modi, with the claimed reasons of preventing the issue of counterfeit currency and to fight corruption and black money in India.
Mahatma Gandhi New Series
On 10 November 2016, Shaktikanta Das of the Ministry of Finance announced a new ₹1000 banknote would be released in the Mahatma Gandhi New Series in the coming months.
Design
The ₹1000 banknote of the Mahatma Gandhi Series is 177 × 73 mm Amber-red coloured, with the obverse side featuring a portrait of Mahatma Gandhi with a signature of the governor of Reserve Bank of India. It has a Braille feature to assist the visually challenged in identifying the currency. The reverse side features the motif of an oil rig, a satellite and a steel foundry, all together featuring the Economy of India.
As of 2011, the new ₹ sign has been incorporated into banknotes of ₹1000. In January 2014, RBI announced that it would be withdrawing from circulation all banknotes printed prior to 2005 by 31 March 2014. The deadline was later extended to 1 January 2015, and then again to 30 June 2016.
Security features
The security features of the ₹1000 banknote include:
Discontinuation
On 8 November 2016, Prime Minister Narendra Modi announced that "Starting from midnight 8th November 2016 all ₹1000 banknotes of the Mahatma Gandhi Series will not be accepted as a form of legal tender", although new ₹500 and ₹2000 banknotes of the new Mahatma Gandhi New Series were unveiled.
Languages
Like the other Indian rupee banknotes, the ₹1000 banknote has its value written in 17 languages. On the obverse, the denomination is written in English and Marathi. On the reverse is a language panel which displays the denomination of the note in 15 of the 22 official languages of India, displayed in alphabetical order. Languages included on the panel are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu and Urdu.