Will ₹500 Notes Stop Coming from ATMs from September? Here’s the Truth
Hyderabad, 13 July – (www.deccanlive.com): A message is going viral on social media claiming that the Reserve Bank of India (RBI) has instructed all banks to stop giving ₹500 notes from ATMs by September 2025. This caused panic among many people.
However, in a fact check, it has been confirmed that this claim is completely false. RBI has not issued any notice or order regarding stopping ₹500 notes from ATMs. The viral message is misleading and is being shared to spread confusion among the public.
What Did RBI Say?
RBI clearly said that:
- ₹500 notes are still legal and valid for all transactions.
- There is no change in the status of ₹500 notes.
- Banks and ATMs will continue to give out ₹500 notes as usual.
What Should the Public Do?
People are advised not to believe such fake messages. Always check information from official sources like:
- RBI’s official website: www.rbi.org.in
- RBI’s official social media handles
- Fact-checking websites like PIB Fact Check
If you receive such a message, do not forward it. Confirm it first through trusted sources.
Why Is It Important?
False news like this can create unnecessary fear and confusion in society. So it’s important to stay alert and responsible before sharing any financial news.
