Viral post: A post on WhatsApp and other social media platforms is becoming increasingly viral, in which it is being claimed that 500 notes will be closed from September. It is being said in this post that the Reserve Bank of India (RBI) has directed to stop issuing 500 notes from ATM after September 30, 2025. It is also being claimed in the post that only 200 and 100 rupee notes will be available at ATMs.

Government immediately took steps

It was informed in the post that RBI has directed all banks to stop issuing 500 rupee notes from ATM by the end of September 2025. There was a stir as soon as this post came in front. The government immediately took steps to lie in this claim made in the viral post.

The Press Information Bureau (PIB) described this post as fake and said that RBI has not said anything like this to banks. PIB spoke not to pay attention to these false news and take information from government sources only. 500 notes will remain valid. That is, you will still be able to transact with it as before.

Has RBI really asked banks to stop disbursing ₹ 500 Notes from Atms by September 2025?

A message falsely claiming exactly this is spreading on #WhatsApp #Pibfactcheck

no such instrument has been is if Issued by the @Rbi,

₹ 500 Notes will continue to be legal tender.

… pic.twitter.com/znwuedout8

– Pib Fact Check (@Pibfactcheck) July 12, 2025

RBI gave these instructions

The Reserve Bank recently changed the rules and directed that by 30 September 2025, 75 percent notes in ATM should be Rs 100-200. It will increase to 90 percent by 31 March 2026. The objective behind this should be reduced to the problem of holiday money and the customers do not have much trouble. Due to this, people will not have to worry much for small notes.

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For the last few days, a post on social media platform X is becoming increasingly viral. In this post, it is being claimed that the Reserve Bank of India (RBI) has decided to remove the 500 rupee note from circulation. In the viral post, it has also been said that only 100 and 200 rupee notes will come out of 90 percent ATMs in the coming time.

What is in viral post?

The viral post includes a screenshot claiming that RBI has directed banks to increase the number of 100 and 200 rupee notes in their ATMs.

Bye Bye 500 Rupees Currency Notes

75% ATMS Dispense Rs 100 and Rs 200 Notes by September, 90% by March Next Year: RBI to Banks

– Woke Eminent (@WokePandemic) April 29, 2025

Posted users say that this means that the 500 rupee note is being gradually removed from circulation.

Goodbye to 500 rupee notes

100 and 200 rupee notes will be released from 75% ATMs by September, 90% ATMs will be released by March next year: RBI asked banks

– Sandeep Gupta (@ghoomhaikahi) April 29, 2025

What does RBI’s real instruction say?

Our team investigated the matter and found that RBI has actually issued a instruction to banks. However, there is no mention of closing the 500 rupee note in this instruction. The real instruction of RBI is only that banks should increase the availability of 100 and 200 rupee notes in their ATMs.

What is the purpose of RBI?

This step of RBI is to ensure the availability of small notes to the general public. Often people have difficulty in breaking them after extracting 500 or 2000 rupee notes from ATMs. Small shopkeepers and ordinary people often do not open in exchange for such large notes. RBI wants people to get small notes directly from ATMs, so that they do not face trouble.

Is a 500 rupee note being closed?

No, RBI has not given any indication to close the 500 rupee note in any official document. This note will be in trend as before. The things done in the viral post are completely wrong and they have nothing to do with the actual instructions of RBI.

That is, this news, which is going viral on social media, is completely wrong. RBI has not taken any decision to close the 500 rupee note. Banks have been instructed only to increase the number of 100 and 200 rupee notes in ATMs so that small notes can be easily available to the general public.

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