Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
1 Rupee - Salem District Urban Bank Ltd.
| Issuer | Salem District Urban Bank Ltd. |
|---|---|
| Year | 1904 |
| Type | Log in to see details |
| Value | 1 Rupee |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | சேலம் டிஸ்திரிக்ட் அர்ப்பன் பாங்க் லிமிடெட் Salem District Urban Bank Ltd. ரூபாய் Pay or Bearer the Sum of Rupee ONE only TWENTY FOUR HOURS AFTER PRESENTATION AT SALEM For The Salem District Urban Bank Ltd. Secretary President CANCELLED |
| Reverse description | No reverse image available; the reverse design of this local issue is not confirmed from catalog sources. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Salem District Urban Bank Ltd. was one of hundreds of small Indian urban co-operative banks that briefly held note-issuing authority in the late colonial period before the Paper Currency Act and subsequent Reserve Bank of India legislation systematically extinguished private issue. Most of these institutions were capitalised modestly, served a single district, and circulated notes within a tight geographic radius — redemption outside Salem would have been practically impossible.
1904 predates the major co-operative legislation reforms of 1912, which tightened oversight considerably. Notes from this period, issued by district-level banks in southern India, survive in very small numbers; institutional archives were rarely preserved when these banks were wound up or absorbed.