Indian 50-rupee note

The Indian 50-rupee banknote (₹50) is a denomination of the Indian rupee. The present ₹50 banknote in circulation is a part of the Mahatma Gandhi New Series of banknotes. However, ₹50 banknotes of the previous series (Mahatma Gandhi Series and Lion Capital Series) will continue to be legal tender.

The ₹50 banknote denomination was first introduced by the Reserve Bank of India (RBI) in 1975 as a part of the Lion Capital Series, which had the Ashoka pillar on the banknote. It was replaced by a watermark of Mahatma Gandhi in the Mahatma Gandhi Series, in 1996.