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| Issuer | Gandhi Rashtriya Smarak Nidhi (Gandhi National Memorial Fund) |
|---|---|
| Year | 1950-1955 |
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| Shape | Rectangular |
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| Reverse description | Blue-violet and teal reverse with a fine cross-hatched guilloche underprint. A large decorative cartouche bears the fund name in Urdu Nastaliq script across the upper portion, with a rosette guilloche vignette at centre below. A signature with title in Devanagari script appears at the foot within a wavy-line panel, flanked by geometric border medallions. |
| Reverse lettering | گاندھی قومی یادگار فنڈ ج. م. کوپالانی منتری (Translation: Gandhi Qaumi Yaadgar Fund / J.M. Kupalani / Secretary) |
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| Comments |
The Gandhi Rashtriya Smarak Nidhi was established in 1948 to administer the national memorial fund following Gandhi's assassination, and this note is one of the more unusual artifacts of early post-independence Indian institutional life. It is not a Reserve Bank of India issue and carries no legal tender status — it functioned as a donation receipt or commemorative token issued by the fund itself, a quasi-financial instrument tied to the public subscription campaign rather than to any monetary authority.
Few were retained by recipients, treating them as keepsakes rather than paper of value. Survivorship is correspondingly poor.