1000 Rupees

P#43 ran for nearly two decades, an unusually long issuance window for a high-denomination note that by the late 1990s was under sustained counterfeiting pressure. Pakistan's security printing infrastructure at the time relied heavily on the Pakistan Security Printing Corporation in Karachi, and the note's extended run reflects budget constraints around upgrading to more complex security threads and substrate features that were being adopted elsewhere in South Asia during the same period.

The watermark alone as the primary security feature on a 1000-rupee note — the highest denomination in circulation for much of this series' life — attracted repeated criticism from the State Bank's own currency management reports in the early 2000s, and directly informed the more robust specifications adopted for the successor issues after 2006.