The Reserve Bank of India (RBI) will soon introduce new Rs 20 currency note with additional features, according to a document released by the Central Bank.
The launch of new Rs 20 currency note will mark the latest addition to the new look currency notes in the denominations of Rs 10, Rs 50, Rs 100, and Rs 500, besides introducing Rs 200 and Rs 2,000 bank notes.
The new look notes are being introduced since November 2016 under Mahatma Gandhi (New) series after demonetization. These are different in size and design compared to the notes issued previously. These are different in size and design compared to the notes issued previously.
The currency notes, except for banned Rs 500 and Rs 1,000, issued under old series continue to remain legal tender.
According to the RBI data, there are 492 crore pieces of the existing Rs. 20 note in circulation, as of March 31, 2016.