Govt Debunks Viral Claim: RBI NOT Stopping Rs 500 Notes by March 2026

• PIB fact-check unit dismissed social media claims about RBI discontinuing Rs 500 notes by March 2026 as fake.
• The Reserve Bank of India has made no official announcement regarding the withdrawal of Rs 500 denomination notes.
• Rs 500 notes remain legal tender and can be freely used for all transactions, as clarified by PIB.
• Citizens are urged to verify information from official sources before believing or sharing such unverified claims.
• Similar rumors have been debunked previously, and Pankaj Chaudhary confirmed no plans to discontinue Rs 500 notes in Parliament.

Why It Matters: Viral claims about RBI discontinuing Rs 500 notes are fake; they remain legal tender.