| (India) | |
|---|---|
| Value | ₹500 (approx. $6.75) |
| Width | 150 mm |
| Height | 66 mm |
| Years of printing | 10 November 2016 – present |
| Obverse | |
 | |
| Design | Mahatma Gandhi |
| Designer | Reserve Bank of India |
| Design date | 2016 |
| Reverse | |
 | |
| Design | Red Fort |
| Designer | Reserve Bank of India |
| Design date | 2016 |
The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee. In 1987, the ₹500 note was introduced, followed by the ₹1,000 note in the year. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series. The previous banknotes of the Mahatma Gandhi Series, in circulation between October 1997 and November 2016, were demonetised on November 8, 2016.