Catalog
5 Rupees
| Issuer | Reserve Bank of India |
|---|---|
| Year | 1970 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Rupee (decimalized, 1957-date) |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | RESERVE BANK OF INDIA भारतीय रिज़र्व बैंक GUARANTEED BY THE CENTRAL GOVERNMENT केन्द्रीय सरकार द्वारा प्रत्याभूत I PROMISE TO PAY THE BEARER THE SUM OF FIVE RUPEES मैं धारक को पाँच रुपये अदा करने का वचन देता हूँ GOVERNOR गावर्नर पाँच रुपये |
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| Protection type | Watermark |
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| Comments |
The P#56 series was issued under the "Signed by Governor" convention that the Reserve Bank maintained throughout this period — S. Jagannathan served as Governor from 1970 to 1975, so notes bearing his signature span a relatively narrow window. The 5 Rupee denomination at this time occupied an awkward position in the currency structure: small enough to circulate heavily, large enough to be worth counterfeiting, and printed in sufficient volume that surviving uncirculated examples are genuinely uncommon despite their age.
Heavy use in rural trade meant most examples show significant soiling along the horizontal fold lines.