Catalog
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| Issuer | Reserve Bank of India |
|---|---|
| Year | 1957-1962 |
| Type | Standard circulation banknote |
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| Obverse description | Purple-blue on multicolour underprint. The obverse carries the lion capital of Ashoka pillar as a central vignette, flanked by bilingual text in English and Hindi. The 'HAJ' overprint is applied to designate this note for use by Haj pilgrims, with the promise-to-pay clause and the Reserve Bank of India title inscribed across the face. |
|---|---|
| Obverse lettering | HAJ RESERVE BANK OF INDIA HAJ GUARANTEED BY THE CENTRAL I promise to pay the bearer on demand the sum of TEN RUPEES दस रुपये at the office of issue at Bombay FOR THE RESERVE BANK OF INDIA GOVERNOR |
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| Comments |
The Haj Pilgrim rupee notes were a parallel currency issued specifically to prevent foreign exchange from leaking out of India during the hajj. Pilgrims traveling to Saudi Arabia could not take ordinary Reserve Bank notes across the border, so this dedicated series — overprinted or designated for external use — was issued in their place and accepted at designated exchange points. The scheme reflected the acute hard currency pressures India faced in the late 1950s, when the government was managing sterling balances and import controls simultaneously.
Saudi authorities eventually discontinued acceptance of the notes, effectively ending the series by the early 1960s.