Currency notes of India from 18th Century to 2019

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Currency Notes of India From 18th Century to 2019

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• History of Indian notes dates back to the 18th
  century when private banks as well as
  semi-government banks like Bank of Hindostan
  (1770-1832), the General Bank in Bengal and Bahar
  (1773-75, the Bengal Bank (1784-91) etc. issued
  notes for three presidencies namely Bombay,
  Madras and Bengal.
• Old notes of India issued for Bengal Presidency
  featured designs only on one side and are known
  as uniface notes. A personified figure of
  Commerce was featured on these notes later on and
  designs were printed on both sides of the note.

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• Indian notes were issued directly by the British
  Government after the Currency Act of 1861 was
  tabled. These notes are called as British India
  notes and they featured a portrait of Queen
  Victoria on one side, while the other side was
  left blank initially.
• Notes of India from the Underprint series were
  issued in 1867. 5, 10, 50 and 100 rupees were
  allowed to be used outside the circle of issue
  between 1903 and 1911.

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• Only one princely state issued currency notes in
  India and that is Hyderabad. These notes featured
  intricate designs and Persian legends. They were
  issued in various denominations such as 5, 10,
  50, 100 and 1000 rupees.
• Some of the rare notes of India issued by the
  three presidencies, British Government and
  Hyderabad princely states are in great demand and
  are auctioned for impressive amounts.

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• Apart from Britain, other European powers such as
  Portuguese and France also issued currency notes
  in India. The Portuguese notes bore denominations
  such as Rupias, Tangas and Escudos while the
  French notes bore denominations such as Roupies.
• After Independence, the Government of India
  issues 1 rupee notes while notes of other
  denominations are issued by the Reserve Bank of
  India. Extant notes were circulated from 1947 to
  1949 and the very first 1 Rupee notes of India
  were issued in the year 1949 by the Government.

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• The latest Currency Notes of India that have been
  issued over the last three years feature
  historical places such as Red Fort on the new 500
  Rs note, Rani Ki Vav on the new 100 Rs note,
  Hampi Chariot on the new 50 rupees note and
  Sanchi Stupa on the new 10 rupees note.
• You can learn a lot of fascinating aspects about
  Indias past through the study of Indian notes.
  Owning a piece of history is an achievement in
  itself and there is a need to promote the hobby
  of banknote collecting and notaphily among the
  youth today.