New Delhi: There is a question in everyone’s mind about whether the central government is going to ban the 500 note after the 2,000 note. This claim is being rapidly disseminated on social media, causing confusion among people. Not only this, the video of the ban on 500 notes by 2026 is also going viral on social media. However, this claim is entirely false.
The government itself has made it clear that the 500 note will not be banned in the market. According to the Government of India, this claim is entirely fake. It has been advised to avoid believing such rumours in future as well. This video was uploaded approximately six days ago, following which a flood of comments appeared on social media. People began to feel that the government might suddenly make this decision.
The news of banning the 500 note is fake..
A video was uploaded on June 2 on a YouTube channel named Capital TV. In this video, it was claimed that from March 2026, 500-rupee notes will gradually be banned. The video is also reported to be 12 minutes long and has been watched by more than 5 lakh people so far. In the video, the anchor, citing sources, claimed that 500-rupee notes will be banned entirely by the year 2026.
The government has made a significant claim, which requires a fact check. The fact-check unit of the Press Information Bureau, on behalf of the Government of India, exposed this claim by posting it on XX. The PIBB fact-check claimed that 55500-rupee notes have not been banned; they are legally completely valid.
PIB appealed to the people not to believe such false news nor spread it. PIB has also advised, in a warning tone, to confirm the news from an official source.
Video is going viral on social media.
A video claiming that the Government of India has banned the 500-rupee note is going viral on social media. You can see that people are giving different types of statements below this video. Many other users have also shared this video. For your information, please note that the 500-rupee note is still in circulation. The government has described the news of the ban as completely unfounded. PIB has thoroughly refuted this rumour through a fact check.