Indian 500-rupee note

Five hundred rupees
(India)
Value500 (approx. $6.75)
Width150 mm
Height66 mm
Years of printing10 November 2016 – present
Obverse
DesignMahatma Gandhi
DesignerReserve Bank of India
Design date2016
Reverse
DesignRed Fort
DesignerReserve Bank of India
Design date2016

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.