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5 Paise
| Issuer | Reserve Bank of India |
|---|---|
| Year | 1984-1994 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | 1.03 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Devanagari/Latin |
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| Reverse description | Log in to see details |
| Reverse script | Devanagari/Latin |
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| Additional information |
India's small aluminium-magnesium paise denominations were already economically marginal by the early 1980s, and the 5 paise was effectively worthless in purchasing power terms for most of this issue's lifespan. The Reserve Bank kept it in production largely to satisfy accounting requirements in a decimal system that the market had long since abandoned at street level.
Demonetized in 2011 along with all sub-10 paise coins, making late-date examples from the 1990s genuinely uncirculated by default — not from collector care, but from simple commercial irrelevance.