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RBI Plastic Polymer Currency Notes Pilot Project

Sector: Finance • Location: New Delhi, India

Source: Bhaskar English

Project
Planned

The Reserve Bank of India is launching the first pilot project to introduce plastic or polymer currency notes in the country, starting with ₹10 and ₹20 denominations. This project aims to test the durability and security features of polymer notes, with a potential full-scale launch in 2027 if successful. The project includes a global tender for the supply of polymer substrate sheets with advanced

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The project “RBI Plastic Polymer Currency Notes Pilot Project” is an infrastructure initiative in the Finance sector, located in New Delhi, India. Taiyo aggregates data on it from Bhaskar English.

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Participants

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Status

Original status

planned

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Description

Description

The Reserve Bank of India is launching the first pilot project to introduce plastic or polymer currency notes in the country, starting with ₹10 and ₹20 denominations. This project aims to test the durability and security features of polymer notes, with a potential full-scale launch in 2027 if successful. The project includes a global tender for the supply of polymer substrate sheets with advanced safety features.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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