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| 正面描述 | Cream-toned note with an ornate guilloche underprint across the entire field. The bank title 'Salem District Urban Bank Ltd.' is rendered in large decorative script at centre, with a Tamil-language legend along the top border. A central oval cartouche contains the denomination in Tamil script. The lower portion carries the promise text 'Pay the Sum of Rupee ONE only, Twenty Four Hours After Presentation at Salem', with signature lines for Secretary and President at bottom right. A purple 'CANCELLED' overprint bisects the note diagonally. |
|---|---|
| 正面铭文 | 登录 以查看详情 |
| 背面描述 | No reverse image available; the reverse design of this local issue is not confirmed from catalog sources. |
| 背面铭文 | 登录 以查看详情 |
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| 防伪类型 | 登录 以查看详情 |
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| 备注 |
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.