RBI will soon bring out Rs 5 coin to commemorate freedom fighter and martyr Shahid Bhagat Singh.

One face of the coin will be divided into three portions with two horizontal lines and bear the Lion Capitol of Ashoka Pillar as well as the denominational value of Rs 5, RBI said.

The other side will have the portrait of Bhagat Singh, with the words "Shahid Bhagat Singh Birth Centenary" in English. The figures 1907-2007 shall be shown below the portrait in International Numerals.

The iron and chromium coins will have a diametre of 23 mm, the Reserve Bank of India said in a statement.

The existing Rs 5 coins will continue to be legal tender, RBI added.