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www.paisaboltahai.rbi.org.in : Know Fake Currency Notes


Know how to detect Fake Indian Currency Notes at www.paisaboltahai.rbi.org.in

As some fake (duplicate) currency notes are under circulation in the market, Reserve Bank of India (RBI) started new website to educate people how to identify fake currency notes. Producers of fake currency note make it so precisely that it is difficult to detect by merely looking it. But if you know features of genuine Indian currency notes, you can also detect it easily.
You must know it that a forged note, fake note or counterfeit note does not possess all the characteristics of genuine Indian currency note. The features of a valid / genuine currency notes are easily identifiable by seeing, touching and tilting the note. So to avoid taking forged or fake currency note you have to develop the habit of checking the genuineness of the notes at the time of receiving rupees.

Fake Note Detection Explained at www.paisaboltahai.rbi.org.in

Department of Currency Management, Central Office, Reserve Bank of India launched a new website for creating awareness among the general public about fake currency notes with a tagline “Pehchano Paise ki Boli, Kyunki Paisa Bolta hai”. This website explains ways to detect forged notes. The address of the website for checking fake notes is http://www.paisaboltahai.rbi.org.in, it gives visual presentation on currency notes of one thousand, five hundred, one hundred, fifty, twenty and ten notes denominations. Moreover, the site also allows you to download posters explaining parameters of genuine currency notes of values 1000, 500, 100, 50, 20 and 10 rupees. These posters can be used as reference to identify forged notes. The site also contains a documentary film on detection of fake currency which can also be downloaded.
Some security features of currency genuine notes are:
how to check fake currency note posterView of poster on how to Check Fake Currency
  • See through Register
  • Watermark
  • Optically variable ink
  • Fluorescence
  • Security Thread
  • Intaglio Printing
  • Latent Image
  • Micro Lettering
  • Identification Mark
  • Year of Printing
  • See through Register
To know details of these features of a genuine currency note, you can view RBI's website,www.paisaboltahai.rbi.org.in

Important links of www.paisaboltahai.rbi.org.in

Viewing Security Features of Notes:
  • Viewing Security Features of 1000 Rupees Note
    http://www.paisaboltahai.rbi.org.in/1000.htm
  • Viewing Security Features of 500 Rupees Note
    http://www.paisaboltahai.rbi.org.in/500.htm
  • Viewing Security Features of 100 Rupees Note
    http://www.paisaboltahai.rbi.org.in/100.htm
  • Viewing Security Features of 50 Rupees Note
    http://www.paisaboltahai.rbi.org.in/50.htm
  • Viewing Security Features of 20 Rupees Note
    http://www.paisaboltahai.rbi.org.in/20.htm
  • Viewing Security Features of 10 Rupees Note
    http://www.paisaboltahai.rbi.org.in/10.htm
Downloading posters describing Features of Genuine Currency Notes:
  • Download Poster of 1000 Rupees Note
    http://www.paisaboltahai.rbi.org.in/poster/1000.pdf
  • Download Poster of 500 Rupees Note
    http://www.paisaboltahai.rbi.org.in/poster/500.pdf
  • Download Poster of 100 Rupees Note
    http://www.paisaboltahai.rbi.org.in/poster/100.pdf
  • Download Poster of 50 Rupees Note
    http://www.paisaboltahai.rbi.org.in/poster/50.pdf
  • Download Poster of 20 Rupees Note
    http://www.paisaboltahai.rbi.org.in/poster/20.pdf
  • Download Poster of 10 Rupees Note
    http://www.paisaboltahai.rbi.org.in/poster/10.pdf

Steps against Circulation of Forged Currency Notes

Remember, circulation of forged notes in our country is a big problem for country's economical growth. So we all must know to detect forged currency notes so that circulation of these fake notes may be stopped. Hence, do share the process of checking fake currency notes among all. RBI is also taking steps to address the problem in the following ways,
  • By periodically improving the security features of Indian banknotes so that the counterfeiters find it difficult to copy.
  • By ensuring that the banks have robust systems in place which will enable them to identify and detect forged notes immediately on their entry into the banking system.
  • By raising public awareness on genuine Indian currency notes.
  • By training of cash handlers on detection of forged notes.
  • By improving co-ordination between the banks and law enforcement agencies.
For frequently asked questions related to fake/forged currency notes you can view the following page: www.paisaboltahai.rbi.org.in/FAQ's.html
It is assumed, by now, you have known how to detect fake Indian currency note and surely you will develop habit of detecting the genuineness of the notes whenever you receive money. Feel free to share your views / comments here. Do share it if you know more ondetecting fake currency note

SBI Account Holder Avail 4 Lakh Accidental Insurance for just Rs 100


SBI Accountholders Could Get Personal Accidental Insurance of Rupees 4 Lakhs

State Bank of India, the largest bank of the nation, has recently introduced cheapest accidental insurance of Rupees 4 lakhs for SBI savings bank account holders. Under this insurance scheme, by paying an annual premium of Rs. 100 only every SBI Savings Bank accountholder may avail accidental coverage of Rupees 4 lacs from SBI General insurance provider.

How SBI Launched Accidental Insurance for Accountholders

SBI has launched this scheme with tagline “Your family’s happiness is priceless Protect it”. SBI General’s Group Personal Accident Insurance policy has provided facility to get Rs. 4 lakhs sum assured for an annual premium of Rs. 100/- only. It is issued under the group personal accident insurance master policy issued to SBI covering savings bank accountholders.

How to avail SBI’s Accidental Insurance Scheme

The process to avail SBI’s accidental insurance policy is quite simple.
  • SBI savings bank accountholder needs to visit his servicing SBI branch and has to fill up a form by which accountholder permits SBI to deduct Rs 100/- from his savings bank account.
  • After 1-2 days, the policy document and premium paid receipt could be collected from the Branch. In the policy document so received, the accountholder has to fill up nominee details as well as some other important information. After furnishing the details he/she needs to put a signature in the form.
  • After all formalities are done, the account holder would finally get one copy of the SBI General’s policy document.
This way, Rs 4 Lakhs accidental insurance facility is availed by SBI savings bank account holders.

Key Features of SBI Accident Insurance for Accountholders

The key benefits or features of SBI General’s Group Personal Accident Insurance Policy for SBI account holders are:
SBI General’s Group Personal Accident Insurance Policy covers,

  • Loss of Life due to accident
  • Disabilities due to accident

Eligibility to buy SBI Accidental Insurance of Rs 4 Lakhs

The Group Personal Accident Insurance Policy can be bought fulfilling the following criteria:
  • He/She must be a permanent Indian resident.
  • He/She must have a savings bank account in SBI.
  • He/She must be aged between 18 years to 65 years.

Sum Assured and Premium for this Policy

The Sum Assured is Rupees 400000/- and the annual premium is Rupees 100/- for SBI Personal Accidental Insurance facility for SBI savings bank account holders.

Scope of cover and Table of Losses for this Policy

Scope:

The policy pays for accidental death and permanent total disability by sudden accidents.

Table of Losses:

Loss% of Sum Assured
Accidental Death100%
Under Permanent Total Disablement
(Loss of):
Both hands or both feet100%
Sight of both eyes100%
One hand and one foot100%
Either hand or foot and sight of one eye100%
Speech and hearing in both ears100%
Either hand or foot50%
Sight of one eye50%
Speech or hearing in both ears50%
Hearing in one ear25%
Thumb and index finger of same hand25%

How this Policy will be Issued

This policy will be issued to State Bank of India’s savings bank account holders, if opted, under the Group Personal Accident Master Policy Number 68100-0000-00 issued to State Bank of India. The SBI account holders can visit nearest SBI Branch for understanding the benefits under this policy.

Should you Avail this Policy

Yes, you must avail this policy. If you are a savings bank account holder of State Bank of India and between 18-65 years of age, you must avail this accidental insurance policy. Think, for rupees four lacks of personal accidental insurance the actual premium charges should be near about Rs. 400/- but SBI provided you this insurance for just Rs. 100/- only. So, you are getting nearly 75% discount in premium amount compared to actual premium charge. I also have my own savings bank account in State Bank of India and have already availed this insurance facility. The whole process completed in 2 days only and I have received my policy document too.

More Information on this Policy

If you need more information on State Bank of India account holder’s personal accidental policy you can call toll free numbers 1800-22-1111 or 1800-102-1111. Alternatively, you can log in to www.sbigenral.in
Hence it is highly recommended for savings bank account holders of SBI to avail personal accidental insurance coverage facility of Rupees 4 lakh as soon as possible by visiting SBI branch. Also, if you have already availed this facility do share about this for the benefit of other savings bank account holders of State Bank of India. 
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