About two years ago, the Reserve Bank of India (RBI) had decided to exclude the 2000 rupee note from circulation, and now these notes are slowly disappearing from the market, although they will still remain legal tenders. But in the meantime, a new rumor is spreading rapidly on social media, claiming that from March 2026, 500 rupee notes will also be out of circulation.

This news became so viral that people started accepting it as true. But is this claim true? Come, let’s know its truth.

Misleading news spread on WhatsApp

A message is being shared a lot on social media and WhatsApp, stating that the Reserve Bank of India (RBI) has instructed banks to stop taking out the Rs 500 notes from their ATMs by 30 September 2025. The message also claims that by March 2026, 500 rupee notes will be completely removed from 90% ATM, and after that only 100 and 200 rupee notes will be received from ATMs.

This message created confusion among the people, and many people spent a hurry to spend 500 rupee notes.

PIB did the fact check of news

The Press Information Bureau (PIB) examined the truth of this viral message and termed it completely fake. PIB made it clear through a post on its official X handle that the Reserve Bank of India (RBI) has not issued any such instructions regarding the 500 rupee note.

500 rupee notes are still completely legally valid and can be used in transactions without any hassle. PIB has appealed to the people not to believe such misleading news and rely only on the official website or reliable sources to check the truth of any information. Also, if a suspicious message is received, then complain about it so that wrong information can be prevented from spreading.

What is the condition of 2000 rupee note?

The Reserve Bank of India (RBI) has already made it clear that these notes are gradually being removed from circulation, but they still have legal tender status. That is, they can be used in shopping or other transactions. But no official announcement has been made yet on the 500 rupee note. These notes are generally available in the market and are being used in everyday transactions.

Appeal to people to take precautions

Such rumors often cause confusion and nervousness in people. The Reserve Bank of India (RBI) and PIB have repeatedly urged people to get information from official sources. If you also have a message that looks suspicious, then check it immediately and avoid sharing. Wrong information not only spreads confusion, but can also cause unnecessary stress in the society.