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100 Rupees - Specimen Travellers Cheque - Punjab National Bank

Issuer Punjab National Bank
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Currency Rupee (decimalized, 1957-date)
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Obverse description Grey-toned travellers cheque with the Punjab National Bank vignette at upper centre, comprising two flanking elephants either side of the India emblem with the bank's establishment year. Letterpress text details the payable terms and issuing branch at Parliament Street, New Delhi. Signature and countersignature lines appear at lower centre.
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Reverse description Reverse is largely plain cream-coloured paper with no printed design, consistent with standard travellers cheque practice leaving the reverse for endorsement or listing of overseas encashment countries.
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Comments

Punjab National Bank's travellers cheques occupy an odd corner of notaphily — technically not legal tender, but printed on security paper by Security Printers of India (a government-controlled facility at Kanpur) to the same production standards as Reserve Bank currency. The specimen designation removes it further still from conventional monetary use, making it a printing archive piece rather than a financial instrument by any measure.

PNB launched its rupee travellers cheque program primarily to serve domestic pilgrimage routes — Vaishno Devi, Char Dham — where carrying cash was a known theft risk. The ₹100 denomination was the workhorse of that retail program.

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