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Rupee At Time of Britishers at India |
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Victoria Portrait Series |
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The
first set of British India notes were the 'Victoria Portrait' Series
issued in denominations of 10, 20, 50, 100, 1000. These were unifaced, carried two language panels and were printed on hand-moulded
paper manufactured at the Laverstock Paper Mills (Portals). The
security features incorporated the watermark (GOVERNMENT OF INDIA,
RUPEES, two signatures and wavy lines), the printed signature and
the registration of the notes. |
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Rupees Ten Rupees Hundred
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British India Notes facilitated inter-spatial
transfer of funds. As a security precaution, notes were cut in half.
One set was sent by post. On confirmation of receipt, the other half
was despatched by post. |
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Half note |
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This
series remained largely unchanged till the introduction of the
'King's Portrait' series which commenced in 1923. |
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Green Underprint - Rupees Five Hundred |
Green Underprint - Rupees Five
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Red
Underprint - Rupees Fifty |
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Small Denomination Notes |
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The introduction of small
denomination notes in India was essentially in the realm of the
exigent. Compulsions of the first World War led to the introduction
of paper currency of small denominations. Rupee One was introduced
on 30th November, 1917 followed by the exotic Rupees Two and Annas
Eight. The issuance of these notes was discontinued on 1st January,
1926 on cost benefit considerations. These notes first carried the
portrait of King George V and were the precursors of the 'King's
Portrait' Series which were to follow.
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Rupee One - Obverse
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Rupee One -Reverse |
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Rupees Two and Annas Eight - Obverse
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King's Portrait Series
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Regular issues of this Series carrying the portrait of George V were
introduced in May, 1923 on a Ten Rupee Note. The King's Portrait
Motif continued as an integral feature of all Paper Money issues of
British India. Government of India continued to issue currency notes
till 1935 when the Reserve Bank of India took over the functions of
the Controller of Currency. These notes were issued in denominations
of Rs 5, 10, 50, 100, 500, 1000, 10,000. |
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Rupees Fifty |
Rupees One Thousand
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Rupees Ten Thousand |
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The
Bank's issues to January 1938 when the first Five Rupee note was
issued bearing the portrait of George VI. |
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Rupees Five - First Note issued by Reserve Bank of India
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This
was followed by Rs 10 in February, Rs 100 in March and Rs 1,000 and
Rs 10,000 in June 1938. |
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Rupees One Hundred |
Rupees One Thousand
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Rupees Ten Thousand |
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In
August 1940, the one-rupee note was reintroduced, once again as a
war time measure, as a Government note with the status of a rupee
coin, |
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Rupee One Obverse |
Rupee One Reverse |
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Rupees Two |
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As
an added security feature, the security thread was introduced for
the first time in India. |
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George VI Profile |
George VI Frontal |
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The
George VI series continued till 1947 and thereafter as a frozen
series till 1950 when post independence notes were issued.
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