500 Rupee Note Update: A post is going viral on social media these days. It claims that 500 rupee notes will not be available through ATMs from March 2026. It is also being said that the Reserve Bank of India (RBI) is stopping the distribution of these notes and that 500 rupee notes will be withdrawn from circulation.

Such posts often go viral on social media, which have no basis in reality. These posts only serve to mislead people. Currently, a post is claiming that 500 rupee notes will not be available from ATMs from March 1st. It also claims that the RBI is imposing a ban on them. It should be noted that this post is only intended to mislead people. The truth is completely different.

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What is the truth?

The Press Information Bureau (PIB) fact-check team has investigated and clarified that this claim is completely misleading. The Reserve Bank of India has not made any such announcement. It also stated that there is no ban on 500 rupee notes and they have not been withdrawn from circulation.

The PIB has appealed to people not to believe such viral posts and to refrain from sharing them. Similar misleading messages about 500 rupee notes have spread on social media several times before.

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500 rupee notes are common in ATMs

It should be noted that most ATMs dispense 500 rupee notes. Only a few ATMs also have 100 or 200 rupee notes available. If such a decision were taken, people would suddenly face a lot of inconvenience. Therefore, do not be misled by such rumors on social media and only obtain information from official sources, and refrain from sharing such misleading information.