The higher value currency notes will have other designs, geometric patterns aligning with the overall colour scheme both on the obverse and reverse.
The new denomination has motif of the Mangalayan on the reverse, depicting the country's first venture in interplanetary space.
The Rs 500 banknotes will be stone grey in colour with a predominant new theme of the Indian heritage site Red Fort.
Here's a look at the distinguishing features of the new Rs 500 and Rs 2,000 notes that banks have started dispensing.
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