Rs. 500 note to be discontinued? Know More:

Rs. 500 note not to be discontinued, Don't fall for misinformation, says RBI Rs. 500 note to be discontinued Rs. 500 note not to be discontinued, Don't fall for misinformation, says RBI

Rs. 500 note to be discontinued

CA Pratibha Goyal

Jun 3, 2025

Last update on Jun 3, 2025

Rs. 500 note to be discontinued? Know More The PIB Fact Check has put an end to the speculation around the phasing out of the Rs. 500 note by the Reserve Bank of India (RBI).

Is the ₹500 note set to be phased out by 2026? 🤔
A #YouTube video on the YT Channel 'CAPITAL TV' (capitaltvind) falsely claims that the RBI will discontinue the circulation of ₹500 notes by March 2026.#PIBFactCheck ✔️@RBI has made NO such announcement. ✔️₹500 notes have… pic.twitter.com/NeJdcc72z2 — PIB Fact Check (@PIBFactCheck) June 3, 2025

There were claims on social media that the RBI will discontinue the circulation of Rs. 500 notes by March 2026. However, the PIB Fact Check has clarified that the RBI has made no such announcement. Rs. 500 notes have not been discontinued and remain legal tender. Citizens are requested not to fall for such misinformation. Always verify news from official sources before believing or sharing it.

About Author

CA Pratibha Goyal

Co Founder

CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc. She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.