1 Jital - Ghiyas-ud-din Balban

Balban's coinage marks a deliberate break from the slack administrative habits of his predecessors. Having effectively ruled the Sultanate as regent under Nasir-ud-din Mahmud for two decades before taking the throne himself in 1266, he understood the mint as an instrument of authority — and his billon jitals reflect a centralized issuing policy that earlier Slave Dynasty rulers had allowed to fragment badly across provincial mints.

The billon content itself tells a story of fiscal pressure: recurring Mongol incursions under Hulagu and later Duwa forced sustained military expenditure throughout his reign, and the debased alloy was a practical concession to that drain on bullion reserves.