₹500 Note Ban: 500 rupee notes are going to be discontinued, the government told the truth in Parliament

₹500 Note Ban Rumors: RBI has clarified that 500 rupee notes will remain valid even after 30 September 2025. 500 rupee notes will continue to be dispensed from ATMs and there is no proposal to stop the supply. The public should not believe the rumours…

RBI Clarification on ₹500 Notes: These days a news is becoming increasingly viral on social media that after September 30, 2025, 500 rupee notes will stop coming out from ATMs. This rumor is creating confusion and anxiety among the people. But what is the reality? The government has now given an official answer to this and clarified the situation.

500 rupee notes will not be discontinued now

The government has clarified that 500 rupee notes will continue to be legal tender and their distribution will continue in the mix of notes available from ATMs. The Reserve Bank of India (RBI) has directed banks and white label ATM operators to ensure the availability of 100 and 200 rupee notes in about 75% of their ATMs by 30 September 2025. After this, this number will have to be increased to 90% by 31 March 2026.

Question was asked in Rajya Sabha

On 5 August 2025, a session was held in Rajya Sabha. In this, MPs Yerram Venkat Subba Reddy and Milind Murali Deora had asked questions related to 500 rupee notes and withdrawal of money from ATMs. He had asked whether the Reserve Bank has ordered banks to stop giving 500 rupee notes from ATMs by 30 September 2025? If yes, then what are the reasons for this? The government answered all these questions. The government said that there is no proposal to stop the supply of 500 rupee notes. 500 rupee notes will continue to come out from ATMs along with 100 and 200 rupee notes.

The government and RBI have repeatedly reiterated that if there is any major change in the 500 rupee notes in future, then its official information will be given in time. At present, the public does not need to believe this rumor or get stressed.

The post ₹500 Note Ban: 500 rupee notes are going to be discontinued, the government told the truth in Parliament first appeared on informalnewz.

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