Obverse
New colour scheme with additional security features
Same as Type 6.8.2 except change in colour and additional circular floral prints added on either side of Reserve Bank of India on obverse and in right margin on reverse. Optically variable ink used on 500 in Central Denomination Panel in obverse.
Microlettering
RBI 500 repeated beside portrait. Microtint of multi directional lines in geometric pattern visible under magnification within watermark window on obverse.
Security Thread
1 mm security Thread with RBI / BHARAT in Hindi alternatively read from both obverse and reverse, now on right half of the note. Visible security line overprinted in silver, aligned with the security thread.
RBI Seal
Logo type 4.
Language Panel
Type 6 on reverse
Watermark
Profile portrait of Mahatma Gandhi facing right. R/B/I in three lines in centre, bold 500 in the lower right corner
Dimensions
16.7 x 7.3 cm
Note
See through register
Obverse 
Reverse
When viewed against light
Obverse Reverse When viewed against lightTable
| Type No. | Signature | Inset | Prefix |
|---|---|---|---|
| 6.8.3.1 A | Bimal Jalan | AA - HW | |
| 6.8.3.1 B | Bimal Jalan | A | AA - BR |
| 6.8.3.1 C | Bimal Jalan | B | AA - EL |
| 6.8.3.1 D | Bimal Jalan | C | AA - AW |
| 6.8.3.2 A | Y. V. Reddy | AA - EE | |
| 6.8.3.2 B | Y. V. Reddy | A | AA - BF |
| 6.8.3.2 C | Y. V. Reddy | B | AA - DM |
| 6.8.3.2 D | Y. V. Reddy | C | BA - BQ |
