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| Issuer | Punjab National Bank |
|---|---|
| Year | |
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| Value | 25 Rupees 25 INR = EUR 0.23 |
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| Obverse description | Mauve-tinted travellers cheque with the Punjab National Bank vignette at centre, consisting of the bank logo flanked by two elephants with the founding year inscription. Printed payment order text with blank fields for date, payee, and countersignature occupies the body of the cheque. Printer's imprint of Security Printers of India Private Ltd., Kanpur, appears at foot. |
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| Obverse lettering | INDIAN RUPEE TRAVELLERS CHEQUE No TCA 221544 PAYABLE WITHIN 12 MONTHS FROM -------------------------19---- THE PUNJAB NATIONAL BANK LTD PARLIAMENT STREET , NEW DELHI. PAY TO THE ORDER OF-------------------------------------------------- IN INDIA TWENTY FIVE RUPEES IN COUNTRIES NAMED OVERLEAF THE EQUIVALENT AT BANKING BUYING RATE FOR SIGHT DRAFTS ON NEW DELHI RUPEES 25 PROVIDED THAT THE CHEQUE HAS BEEN COUNTERSIGNED BY THE HOLDER SIGNATURE OF HOLDER FOR THE PUNJAB NATIONAL BANK LTD CUSTODIAN SECURITY PRINTERS OF INDIA PRIVATE LTD .. KANPUR |
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| Comments |
Punjab National Bank's travellers cheque program dates to a period when the Reserve Bank of India actively encouraged nationalised banks to issue their own travellers cheque instruments as a domestic alternative to foreign-brand products. PNB was among the earliest nationalised banks to do so. Security Printers of India, the Kanpur facility operated under government ownership, handled the production — the same press responsible for postal orders and revenue stamps, which explains the relatively conservative security feature set on early issues.
Specimen examples were retained for internal training and RBI audit purposes. Circulated examples of the 25-rupee denomination are uncommon; the value was considered inconveniently small for most commercial travel use within a few years of issue.