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₹500 Mahatma Gandhi New Series 786 Holy Number Currency Note

500 Rupee Mahatma Gandhi Series Dandi March Reverse Demonetised Issue

Denomination- Five Hundred Rupees

Issuer- Reserve Bank of India

Series- Mahatma Gandhi Series (Pre-2016)

Reverse- Dandi March Scene (Gandhi & Followers)

Year- 1987

Size- 167 mm × 73 mm

Material- Cotton Paper

Status- Demonetised (8 November 2016)

Governors- R.N. Malhotra / C. Rangarajan / Dr. Bimal Jalan / Dr. Y.V. Reddy / Dr. D. Subbarao / Dr. Raghuram G. Rajan

Condition- Circulated / Fine to Very Fine

Security- Windowed Security Thread, Watermark, Intaglio Print, Latent Image

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Description

Own a landmark piece of modern Indian currency history — this ₹500 Mahatma Gandhi Series note features the celebrated Dandi March scene on the reverse, depicting Gandhi and his followers in their iconic 1930 Salt March against British rule. The obverse bears a distinguished portrait of Mahatma Gandhi alongside the Ashoka Pillar emblem and the RBI Governor’s signature — R.N. Malhotra, C. Rangarajan, Dr. Bimal Jalan, Dr. Y.V. Reddy, Dr. D. Subbarao, or Dr. Raghuram G. Rajan — each a distinct collector’s variety. Demonetised on 8 November 2016, this note is now a sought-after collectible that captures both India’s independence legacy and its most dramatic modern economic reform.

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