Indian Rupees

First issued by the Mumbai-based Reserve Bank of India in 2005, today's rupee bills have improved security features, most prominently a reflective security thread. At first sight the current Indian rupee banknotes look much like the older series. Look closer and you will find the year of issue on the reverse side. We exchange these modern Indian rupee banknotes free of charge. If you are looking for a way the banknotes of 500 and 1000 Indian rupees that were cancelled in 2016, please visit our page about how to exchange withdrawn Indian rupee banknotes.

Withdrawn Indian rupee banknotes include the 500 and 1000 rupee bills that were cancelled in 2016. The cancelled ₹500 and ₹1000 notes are no longer exchangeable at any bank in India: they have since March 2017 effectively lost all monetary value. At Leftover Currency we continue to exchange Indian rupee 500 and 1000 banknotes, at a rate that covers their collectable value. In addition to the 500 and 1000 rupees, the Mumbai-based Reserve Bank of India has decided to withdraw all pre-2005 Indian Rupee notes. These discontinued Rupee bills have no year of issue printed on the back side. If you have any Indian rupee banknote without a year of issue printed on the back: These Indian rupees without date on the back are no longer a valid means of payment in India or Bhutan. We exchange all withdrawn Indian Rupee banknotes free of charge. We also give cash for current Indian Rupee banknotes.