Demonetization has serious effects on farmers in the rural areas of the country. Exchange and withdrawal of notes have been the constant transactions in the bank. The bank gave farmers of a remote area in Madhya Pradesh Rs 2000 notes as a legal tender exchange. Eventually, they recognized that the notes did not have Mahatma Gandhi’s photo on them. The notes were given by the most recognized bank State Bank of India.
Bank officials were informed about the notes because the farmers thought it could be fake. The bank informed there is some “printing error” the notes are genuine. The police and the bank officials said that this is not the first time there has been such incident of notes being printed wrong in the rural region. The bank took the notes from the farmers and gave them new notes.
At Shivpuri Road branch of SBI, account holder Krishna Meena from Bicchugavdi village didn’t even notice that the notes they got from the bank have no Gandhiji printed on it till he had to use them.He went to the market to buy home stuff when he was alerted by another farmer who had two similar notes. They both decided as a team to go bank together and find out what is wrong with the notes exactly. R.K. Jain official of SBI said that the note is not fake. There is some misprinting error and they have sent the note for a probe.