Is the Reserve Bank of India (RBI) replacing paper currency with plastic currency notes? Several social media posts circulating online have recently claimed that the RBI would withdraw existing paper currency notes and replace them with plastic currency notes from June 30, 2026, onwards.
The Press Information Bureau’s (PIB) fact check team has revealed that this viral claim is fake. According to a social media post from the PIB Fact Check team, the RBI has not announced any plan to withdraw paper currency notes or replace them with plastic notes by June 30, 2026.
PIB Fact Check team’s clarification on news of paper currency being replaced with plastic notes
In a social media post on X (formerly Twitter), the PIB Fact Check team stated that the claim being shared online was fake. It has also urged people not to believe or forward unverified information.
