2 Annas Hundi promissory note

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.