The Mahatma Gandhi New Series of banknotes are issued by the Reserve Bank of India (RBI) as the legal tender of the Indian rupee (), intended to replace the Mahatma Gandhi Series of banknotes. Announced on 8 November 2016, it followed the demonetisation of 500 and 1000 banknotes of the original Mahatma Gandhi Series. Similar to the preceding series of banknotes, the obverse of the Mahatma Gandhi New Series banknotes also prominently displays the portrait of Mahatma Gandhi. The logo of Swachh Bharat Abhiyan is also printed on the back of the banknotes of this series.
The first banknotes issued in the New Series were the denominations of 500 and 2000, and are in circulation since 10 November 2016. While the 500 note is still being printed, the 2000 note was last issued date 2017.
The RBI announced on 18 August 2017 that it would soon issue a new 50 note. The RBI announced the specifications of the new denomination of the â¹200 note in the Mahatma Gandhi New Series, bearing the signature of Dr. Urjit R. Patel, Governor of the Reserve Bank of India, on 25 August 2017.
The Reserve Bank of India has also issued 10 denomination banknotes in the Mahatma Gandhi New Series. The new denomination has on the reverse a motif of the Sun Temple in Konark, depicting the country's cultural heritage. The base colour of the note is Chocolate brown.
The RBI announced on 19 July 2018 that it would shortly issue a new 100 note. The new denomination has on the reverse a motif of the Rani Ki Vav (the Queen's Stepwell), a UNESCO World Heritage site in Patan in Gujarat, depicting India's cultural heritage. The base colour of the note is Lavender.
The Reserve Bank of India announced on 26 April 2019 that it would shortly issue a new 20 note. The new denomination has on the reverse a motif of Ellora Caves, a UNESCO World Heritage site in Aurangabad district, Maharashtra, depicting India's cultural heritage, continuing with the theme in the Mahatma Gandhi New Series banknotes.
In May 2023, the Reserve Bank of India announced its decision to withdraw the â¹2,000 notes from circulation. Until 30 September 2023 they could be exchanged (to a maximum of 20,000 in any single transaction) or deposited in bank accounts. Despite these measures, the notes remain legal tender.
The security features of the Mahatma Gandhi New Series banknotes are as follows:
Each banknote has its amount written in 17 languages. On the obverse, the denomination is written in English and Hindi. On the reverse is a language panel that displays the denomination of the note in 15 of the 22 official languages of India. The languages are displayed in alphabetical order. Languages included on the panel are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu and Urdu.