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After Rs 2000 note, RBI will ban Rs 100 note, know the truth

The viral post claimed that RBI has fixed April 31 as the last date for exchanging old Rs 100 notes. However, there is no information available in this regard on the official website of RBI. Let us know about it in detail.

2000 note news

Breaking News (New Delhi).  A claim is going viral on social media that old Rs 100 notes will soon be banned. In the viral claim, quoting the Reserve Bank of India, it is also being said that old notes can be exchanged till 31st April because after that their legal validity will end and they will not be accepted.

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User @nawababrar131 had posted on social media platform A photo of an old Rs 100 note has also been shared in the post. Along with this he wrote, 'This old Rs 100 note is going to be discontinued soon. RBI has fixed April 31 as the last date for exchanging notes.

What is the truth of the viral claim?

After fact-checking, this viral claim turned out to be completely wrong. No such circular has been issued by the government or RBI in which it has been claimed that the old Rs 100 notes are going to be discontinued. 

To verify the viral claim, we searched related news on Google, but did not find any such news on any platform. After this we checked the official website of RBI. No notification or press release regarding the claim was found on the website. 

What is the post of 2018?

There is no such information available anywhere on the social media handles of RBI. However, a post dated July 19, 2018 is available on RBI's X account, in which a photo of the new Rs 100 note was shared. It is clearly written in it that old notes will also remain in circulation. It is clear from this that there is no truth in the viral claim.