100 Rupees Blue and Multicoloured Series

The Hyderabad Government's rupee notes occupy a peculiar constitutional position — Hyderabad was a princely state under British paramountcy, not a British Indian province, so its currency existed in a legal grey zone that Westminster largely chose to ignore so long as the notes stayed within the Nizam's territory. This series ran through Partition and into the brief period of Hyderabad's contested independence, ending only after Operation Polo in September 1948 forced the state's accession to India.

The India Security Press at Nashik handled production, which was standard for major princely state currency by the late colonial period. Notes from the final years of issue — 1947 onward — are considerably scarcer, given the abrupt political termination of the issuing authority.