2 Paisa

Rajkot was a minor thikana-level state in the Kathiawar Agency, and its paper currency issues from the early 1940s are among the more obscure fiscal instruments from the Princely States period. The timing — wartime, with metal coinage increasingly diverted toward the war effort — almost certainly drove the decision to issue low-denomination paper for local transactions.

Surviving examples are genuinely rare, as small-denomination notes from minor states circulated hard and were rarely preserved.