Money Tips: How to identify a fake currency note? Where should you report it?

Counterfeit currency notes can be a tricky thing to spot. Often, people notice that their currency notes are fake while depositing money at the banks. Fortunately, there are some ways in which one can spot a counterfeit currency note. By noticing certain details on the currency note, one can figure out if the note is real or fake.If you find a fake currency note there is nothing to worry about. You should inform the police or bank authorities immediately.Here are a few important factors everyone should know about fake currencies.How to spot a fake currency note?Mahatma Gandhi’s image: The outline of Gandhi’s image is the watermark in Indian currency and can differentiate a fake note from a real one. Counterfeit notes use grease or heavy oil to make the watermark, which can make it look thicker. One can hold up the note to a light source to make sure the watermark is authentic.Ink: The ink on real currency notes will never be smudged or have broken lines. If there are any such indicator...