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| Issuer | State Bank of India |
|---|---|
| Year | 1979 |
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| Value | 100 Rupees 100 INR = USD 1.06 |
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| Obverse description | Blue-tinted cheque with the denomination numeral at left and the State Bank of India logo at right, with a vignette of the Gateway of India as central underprint. The face carries printed text blocks for countersignature, payee, and negotiation terms, with SPECIMEN overprint across the issuing authority's signature line. |
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| Obverse lettering | WHEN COUNTER SIGNED BELOW WITH THIS SIGNATURE STATE BANK OF INDIA YJ 000000 -----19---- Rs 100 STATE BANK OF INDIA, STRAND ROAD, CALCUTTA (INDIA) PAY THIS CHEQUE TO THE ORDER OF IN INDIA / IN OTHER COUNTRIES RUPEES ONE HUNDRED NEGOTIABLE AT THE CURRENT BUYING RATE FOR BANKERS' CHEQUES ON INDIA. COUNTERSIGN HERE IN PRESENCE OF PERSON CASHING SPECIMEN MANAGING DIRECTOR UNLESS OTHERWISE ENDORSED THIS DOCUMENT IS VALID AND NEGOTIABLE IN INDIA ONLY INDIA SECURITY PRESS NASIK ROAD |
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| Comments |
State Bank of India travellers cheques of this period were printed at the India Security Press in Nasik Road — the same facility responsible for Indian banknotes and passports — under tight government oversight. The YJ series designation points to a specific issuance block tied to the Calcutta circle, one of SBI's regional administrative divisions that managed its own cheque allocations separately from head office.
Specimen examples from this issue are considerably scarcer than cancelled or used counterparts. The 1979 date places this squarely in the period following India's Foreign Exchange Regulation Act of 1973, which imposed strict limits on how much currency travellers could carry abroad — travellers cheques were the prescribed workaround, making demand for this format unusually high during the late 1970s.