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2 Annas Hundi promissory note

Issuer Raj Bundi (Bundi State)
Year 1939
Type Vouchers
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Obverse description Green letterpress vignette at upper centre within a rectangular border of floral scrollwork, enclosing the circular state arms of Raj Bundi with two deer supporters and a central shield. Denomination panels in Devanagari at left and Roman numerals at right flank the central seal. Year inscription in Devanagari below the vignette on an otherwise plain paper ground.
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Reverse description Plain paper reverse bearing manuscript annotations, handwritten Devanagari text, and ink signatures in the upper portion. A diagonal cancellation line in blue ink crosses the face, with additional handwritten notations in the upper corners, consistent with a used and receipted promissory instrument.
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Comments

Bundi State issued its own hundi-style promissory instruments well into the late colonial period, a practice that persisted in many Rajputana princely states long after the British had rationalized currency across British India proper. The hundi tradition was fundamentally a merchant credit instrument, but Bundi's state-issued versions occupied an odd legal space — simultaneously a government obligation and a carry-over from indigenous commercial paper practice.

By 1939, the clock was already running. The instrument of accession and subsequent currency integration under the Reserve Bank framework would render these state obligations obsolete within a decade. Surviving examples in any condition are genuinely uncommon; most were redeemed, cancelled, or simply discarded after integration.

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