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5 Rupees

Issuer Reserve Bank of India
Year 1957-1967
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Value 5 Rupees
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Obverse lettering 5 5 GUARANTEED BY THE CENTRAL GOVERNMENT RESERVE BANK OF INDIA I PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF FIVE RUPEES PAANCH ROOPAYE AT ANY OFFICE OF ISSUE FOR THE RESERVE BANK OF INDIA (SIGNATURE) GOVERNOR
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Protection type Watermark
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Comments

Pick 35 covers a decade-long run during which the Reserve Bank of India was still working through the transitional identity of post-independence coinage and currency. The 5 Rupee denomination had existed in paper form under British administration, and retaining it in the new republic's early note issues was partly practical — the value remained economically meaningful for daily transactions at a time when per capita income kept the 5 Rupee note in constant circulation rather than savings.

Ink transfer to the facing note is a known issue with heavily circulated examples from this series, particularly from the mid-1960s production runs.