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10 Rupees

Issuer Oriental Bank Corporation, Jaffna
Year 1864
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Currency Indian rupee (1862-date)
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Obverse lettering TEN RUPEES
INCORPORATED BY ROYAL CHARTER
JAFFNA, CEYLON 15th Feby 1864
THE ORIENTAL BANK CORPORATION
Promise to pay the Bearer on demand at their Branch here or at their Bank in Colombo TEN RUPEES or the equivalent in the Currency of this Island, value received.
By order of the Court of Directors.
Ent'd
Account!
Agent.
Reverse description The reverse is largely plain, printed on white cotton paper with no principal design, showing only faint offset impression of the obverse text visible through the sheet, consistent with the lightweight paper stock of mid-nineteenth-century colonial banknotes.
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The Oriental Bank Corporation was a British overseas bank chartered in 1851, operating extensively across India, Ceylon, and the Far East before its collapse in 1884 — one of the more spectacular bank failures of the Victorian era. Jaffna was a secondary issuing branch, and notes denominated from that office rather than Colombo are considerably scarcer, reflecting the smaller commercial volume of the northern Ceylon market.

The 1884 failure rendered all outstanding OBC notes worthless overnight, with no redemption scheme. Surviving circulated examples from branch offices like Jaffna were simply abandoned.

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