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Indian Currency Denomination Of ₹500 Authentication and Recognition Through
Docucenter Nirvis Instrument
1 Division of Forensic science, Galgotias University, India.
2Department of Forensic, SHUATS, Prayagraj, India.
Submission: November 20, 2019; Published: January 29, 2020
*Corresponding author:Mahipal Singh Sankhla, Research Scholar, Division of Forensic Science, SBAS, Galgotias University Greater Noida, India
How to cite this article:Suneet K, Mahipal S S, Rajeev K, Vaibhav S, Kapil P, Ramesh K P. Forensic Analysis of Security Features in Indian Currency
Denomination Of ₹500 Authentication and Recognition Through Docucenter Nirvis Instrument. J Forensic Sci & Criminal Inves. 2020; 13(3): 555865. DOI: 10.19080/JFSCI.2020.13.555865.
India is a developing country and this Recent year many high-tech and advancements are made to counterfeit currency like scanning, color printing, color photocopy counterfeiting difficulties have become major serious issue. After demonetization Reserve Bank of India print new currency note. The official currency of the Republic of India is “Indian Rupee. Production of currency without the legal authorization of Government is termed as Counterfeit money or Fake currency. Due to rapid development in scanning, printing and imaging technologies, fake currency is one of the most problematic hurdles in the “hard cash transactions”. Today with the help of advanced software and hardware tools it is quite easy for a person to create fake currency notes. The recognition and authentication of currency has many potential applications such as E-banking, currency monitoring system etc. The motive of this research paper is to explore the security features of the highest denomination. Fake notes of the denomination ₹500 is a very difficult process because of many hard to copy security features embedded in the new currency notes, which makes the currency of highest denomination more secure.
Progress in the current banking facilities, automatic systems for recognition of currency paper becomes very important in various applications such as in computerized teller machineries and automated goods seller machineries. The needs for recognition of currency note are automatic systems stimulated many scientist and researchers to advance equivalent robust and reliable methods. Recognition of fast processing and accuracy are commonly two significant targets in such structures. Innovation of the financial structure is a milestone in defending the economic prosperity and maintaining social harmony. Automatic machines are made for recognizing banknotes massively used in automatic dispensers of a number of different products, ranging from cigarettes to bus tickets, as well as in many automatic banking operational processes. The needs for automatic banknote recognition systems encouraged many researchers to develop corresponding robust and reliable techniques [1-5]. To fake intends to wrongfully make an impersonation of something with the purpose to exploit the prevalent estimation of the imitated item.
Fake cash alludes to money that nearly look like the first money of a nation yet that is delivered without the legitimate authorize of the administration. Fake cash is unsafe to a country. Fake notes increment cash dissemination, conceivably prompting to swelling [6-8]. This paper essentially concentrates on the remarkable elements of money notes made for security reason and can help the layman to comprehend that straightforward mindfulness identified with notable elements of new monetary forms can help them to anticipate themselves of being casualties to forgers. In a important stride to check undeclared dark cash, the Government of India on the 8 November, 2016 declared demonetization of ₹500 and ₹1000 banknotes with impact from that day’s midnight making these notes invalid. The Indian 500-rupee banknote is of the most noteworthy division of Indian money. It was initially presented by Reserve Bank of India in November 2016. Indeed, even as ₹500 notes printed by the Reserve Bank of India (RBI) are yet to achieve banks all over the place, a fake note of this section has surfaced many places of India. The fake notes found in different parts of the nation were photocopied adaptations, this
note had highlights including the Gandhi watermark alongside the
national image and a fake security string [9,10].
Investigation of several security features in new denomination
of Indian currency arranged by Reserve Bank of India. New
Currency note of denomination ₹500 was selected for present
study. Several types of security features were identified on paper
currency note using different lights ranges, by using different
lights, magnification ranges and various filters. In these ranges
several security features were analyzed. All security features are
analysis through Docucenter Nirvis Instrument.
New Security Features of ₹ 500 notes (Figure 1 & 2) As per
RBI, the new series of banknotes i.e. MAHATMA GANDHI SERIES
will have letter “E” inserted in both the number panels in ₹ 500
b) Increasing order of Number Series as shown in Figure 4.
c) Micro lettering of Denomination ₹500 as shown in
d) Denomination of ₹ 500 in Intaglio Printing as shown in
e) Anti-Coping Feature as shown in Figure 7.
f) Latent Image of Denomination ₹ 500 as shown in Figure
g) Micro lettering Written on the left stick of speck reading
as RBI as shown in Figure 9.
h) Security thread in 6 segments with features of colour
changing from green to blue when the note is tilted and when
observe under UV light its continuous security threat with
fluorescence of yellow color as shown in Figure 10.
i) RBI logo on front side have two color as shown in Figure
j) Optical variable ink is used in ₹500 which changes color
from green to blue when the note is tilted as shown in Figure
k) Water mark of Mahatma Gandhi’s Portrait as shown in
l) Identification marks in the shape of Circle with ₹500 in
raised print on the right as shown in Figure 14.
Various genuine features of Indian currency of denomination
₹500 are examined through this research, using Docucenter
Nirvis instrument to study various genuine features as per the RBI
guidelines. This research finding was very helpful in various govt
agency like banks, forensic science laboratory, legal authority’s
currency exchanges office and many private organizations. This
research will be helpful in differentiating between the real and