Rupee in Time of Britishers at India

Small Denomination Notes
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.

Rupee One

Rupee One - Reverse


Rupees Two and Annas Eight - Obverse King's Portrait Series

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.


Rupees Fifty


Rupees One Thousand


Rupees Ten Thousand


Rupees Five - First Note issued by Reserve Bank of India

This was followed by Rs 10 in February, Rs 100 in March and Rs 1,000 and Rs 10,000 in June 1938.


Rupees One Hundred


Rupees One Thousand


Rupees Ten Thousand

to be continued..

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