Visited a grocery store in Bengaluru, paid for groceries in 10 Rupee coins, only to be rudely turned away? The shopkeepers said, “I don’t accept 10 Rupee coins.” He shows you a bag full of 10 Rupee coins. No one takes them he says. You are not alone. Many shops, stores and eateries do not accept your 10 Rupee coins. They say…The Government has banned 10 rupee coins. Many shopkeepers say… “There are a lot of fake 10 rupees coins. How will I know the difference between the fake and real? ”
Want to learn more on financial planning? Just leave a missed call on IndianMoney.com financial education helpline 02261816111 or just post a request on IndianMoney.com website. IndianMoney.com offers Free, Unbiased and on-call financial advice on Insurance, Mutual Funds, Real Estate, Loans, Bank Accounts and capital markets.
Rumors on fake 10 Rupee coins, started a few months ago. It is popularly believed that shopkeepers and some traders may have spread malicious rumors, that many 10 rupee coins were fake. A message was also circulated on WhatsApp, on how to find the difference between a fake and real 10 rupee coin. This was believed to be the handiwork of a neighboring country.
The RBI has asked you not to listen to any rumors on fake 10 rupee coins. The 10 rupee coins are still valid. These were some of the popular rumors on how to distinguish between fake and real 10 rupee coins. These rumors were found to be false.
Let me ask you a question? Do you think a person who mints fake 10 rupee coins, will forget to make it look like the original.
What’s the Truth?
The rumors on fake 10 rupee coins are all false. RBI says, both these 10 rupee coins were minted by the Government of India and are legal tender. These 10 rupee coins might look different, but their transaction value is the same.
Rumors spread like wildfire. It’s no different with 10 rupee coins. Now you know the truth. 10 Rupee coins are legal tender in India. Be Wise, Get Rich.
This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.