The State Bank of Pakistan finally decided to clear the air and put rumors circulating on social media to rest regarding the authenticity of the Rs. 500 note. The SBP has now clarified that both notes in the market are genuine.

SBP further explains that there was a new design for Rs. 500 released in 2006 but it was issued without the Optical Variable Ink (OVI) flag. Later on after 2010, the new currency included an OVI flag which aided in determining if notes were legal and reduced anti-counterfeiting.

State Bank of Pakistan Sends Out A Clear Message Via Twitter.


The notice adds on to say,

“It is, therefore, clarified for benefit of all concerned that new design banknotes of Rs 500, with and without OVI flag, are genuine provided all other security features are intact. General public is encouraged to learn more about the security features in Pakistani banknotes through section in SBP website titled ‘Rupay ko Pehchano’.”

Here’s a clear Picture of the two notes!

 

Read the Detailed Notice Issued by The SBP Regarding the Rs. 500 Note here!

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