Information:
| Reference | P#87 |
| Country | India |
| Period | Rupee (decimalized) |
| Currency | Rupees |
| Denomination | 500 Rupees |
| Type | Circulation banknotes |
| Year | 1985-1992 |
| Shape | Rectangular |
| Composition | Paper |
| Demonetized | Yes |
| Size (WxH) | 167x73 mm |
Obverse:
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Obverse symbolLion capital of Asoka column (now in Sarnath Museum)
Mohendas Karamchand "Mahatma" Gandhi
Five Hundred Rupees – Multilingual Depiction on Currency Note
(13 Indian Languages – excluding Hindi and English)
• Assamese: পাঁচশ টকা
• Bengali: পাঁচশ টাকা
• Gujarati: પાંચસો રૂપિયા
• Kannada: ಐದು ನೂರು ರೂಪಾಯಿ
• Kashmiri: پانچ سو روپیہ
• Malayalam: അഞ്ഞൂറ് രൂപ
• Marathi: पाचशे रुपये
• Oriya (Odia): ପାଞ୍ଚଶ ଟଙ୍କା
• Punjabi (Gurmukhi): ਪੰਜ ਸੌ ਰੁਪਏ
• Sanskrit: पञ्चशतं रूप्यकाणि
• Tamil: ஐந்நூறு ரூபாய்
• Telugu: ఐదు వందల రూపాయలు
• Urdu: پانچ سو روپیہ
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Reverse:
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Reverse symbol"March to Dandi" (Gandhi and followers; sculpture in front of President's Palace, New Delhi)
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Varieties:
| Date | Variety | Iss. | Value | ||||||
|---|---|---|---|---|---|---|---|---|---|
| VG | F | VF | XF | AU | UNC | ||||
| 1985 | 87a Signature: Malhotra | + | - | - | - | $13,00 | $17,00 | $21,00 | |
| 1987 | 87b Signature: S. Venkitaramanan | - | - | - | $12,00 | $17,00 | $25,00 | ||
| 1992 | 87c Signature: C. Rangarajan | - | - | $7,50 | $7,50 | $7,50 | $20,00 | ||