Have you ever thought about how much it costs the Reserve Bank of India (RBI) to print the Rs 10, Rs 20, Rs 50, Rs 100, Rs 200, and Rs 500 notes? The exact prices of printing notes of various denominations vary a lot.
Moreover, with the rising input
costs, the price of printing notes is increasing every year, making the distribution of the notes costlier for the central bank. In the financial year 2021-22, the selling price of notes of denominations Rs 20, Rs 50, Rs 100 and Rs 2022 increased slightly. However, the selling cost for Rs 500 didn’t change while the price came down to Rs 10 notes from the price last year.According to information sourced through Right to Information (RTI) from the Bharatiya Reserve Bank Note Mudran Ltd (BRBNML) by The Hindu BusinessLine, the selling price for Rs 10 denomination notes was Rs 960 for 1000 pieces. The cost of one Rs 10 note, therefore, stood at around 96 paise.
Similarly, the selling cost for Rs 20 notes stood at Rs 950 per 100 pieces, meaning that the cost of one Rs 20 note was 95 paise – 10 paise lower than Rs 10 notes.
