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100 Rupees - Specimen Travellers Cheque - Bank of India
| Issuer | Bank of India |
|---|---|
| Year | |
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| Size | 182 x 78 mm |
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| Obverse description | Light grey specimen travellers cheque on plain stock, with the Bank of India logo at left and a vignette of Express Towers, Nariman Point, Bombay at right. Denomination of 100 rupees appears in each corner, with letterpress text filling the central field. Overprinted SPECIMEN diagonally across the face. |
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| Obverse lettering | 100 INDIAN RUPEE TRAVELERS CHEQUE 100 No C PAYABLE WITHIN SIX MONTHS FROM Date____ 19____ Drawers Endorsement (TO BE SIGNED IN THE PRESENCE OF THE PAYING AGENT) BANK OF INDIA EXPRESS TOWERS NARIMAN POINT BOMBAY 21 INDIA. Pay self Order RUPEE ONE HUNDRED Only Provided that the cheque has been countersigned by the Drawer For BANK OF INDIA RUPEES 100 100 CHAIRMAN AND MANAGING DIRECTOR SIGNATURE OF DRAWER 100 |
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| Comments |
Bank of India's travellers cheques occupied an unusual position in the Indian financial market — the institution was nationalised in 1969 under Indira Gandhi's bank nationalisation ordinance, which brought fourteen major commercial banks under state control, and the Bank of India travellers cheque programme subsequently operated under that government-owned umbrella rather than as a private financial product. Specimen cheques from nationalised Indian banks are scarce in collector holdings because internal distribution was tightly controlled and destruction of obsolete specimens was routine policy.
The 100-rupee denomination aligns with a mid-range travel instrument suited to domestic tourism rather than international exchange, where higher denominations dominated.