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2 Rupees

Issuer Reserve Bank of India
Year 1962
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Size 114 × 64 mm
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Obverse description Printed in brown and pink tones, the obverse bears the Ashoka Column capital vignette at right within a guilloche border, with the denomination in numerals at the upper corners. Central text panel carries the statutory promise-to-pay inscription and the value in English and Devanagari script, with the Governor's signature and serial number in the lower portion.
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Reverse lettering RESERVE BANK OF INDIA TWO RUPEES DO ROOPAYE
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Comments

The P#30 series marked the first substantive redesign of the 2 Rupee note after the Republic of India's consolidation of its currency architecture in the early 1950s. The Reserve Bank had been issuing 2 Rupee notes continuously since the colonial period, but the 1962 iteration came with a shift in the signature panel — different governors' signatures appear across the run, making precise attribution to a specific printing cycle a minor but real collector headache.

Notes from this series circulated hard and long. The 2 Rupee denomination stayed in active daily use for decades, and genuinely uncirculated examples from the early 1960s printings are difficult to find.

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