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5 Rupees Twelve Year National Defence Certificate
| Issuer | Government of India, Ministry of Finance |
|---|---|
| Year | 1962 |
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| Value | Log in to see details |
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| In circulation to | Yes |
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|---|---|
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| Reverse description | Rose-pink letterpress on grey guilloche underprint. The Ashoka Lion Capital vignettes flank both sides. The left panel carries a tabulated repayment schedule listing values from one to twelve years, with the notation 'NOT ENCASHABLE TILL END OF 12 MONTHS'. The right panel provides the 'RECEIPT ON DISCHARGE' section with spaces for payment acknowledgement, holder's signature, and a note regarding loss of certificate. |
| Reverse lettering | RECEIPT ON DISCHARGE. 12 Year certificate Amount to be invested Rs. nP 5 — 00 If payment is claimed after one complete year from date of issue .. 5 — 00 " 2 " years .. 5 — 20 " 3 " " .. 5 — 45 " 4 " " .. 5 — 70 " 5 " " .. 6 — 00 " 6 " " .. 6 — 30 " 7 " " .. 6 — 65 " 8 " " .. 7 — 00 " 9 " " .. 7 — 40 " 10 " " .. 7 — 75 " 11 " " .. 8 — 25 " 12 " " .. 8 — 75 ( NOT ENCASHABLE TILL END OF 12 MONTHS ) Received payment of Rs. as. p. in words and figures Signature(s) or thumb impression(s) of holder(s). Date Note. The holder(s) are recommended to keep a note of the serial No and date of issue of this certificate and to notify immediately the post office in which the certificate is registered, in the event of the certificate being lost. ISSUED UNDER THE TERMS OF THE GOVT. OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS NOTIFICATION No. G. S. R. 1458. DATED THE 1st NOVEMBER 1962. |
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| Comments |
India issued this certificate — technically a bond instrument, not a banknote — in response to the 1962 Sino-Indian War. The conflict, which ended in a humiliating Chinese ceasefire in November of that year, prompted an emergency public fundraising drive. Citizens were encouraged, and in many cases socially pressured, to purchase these certificates as a patriotic contribution to national defence expenditure.
The twelve-year maturity term meant redemption fell in 1974, by which point India had fought two more wars. India Security Press at Nasik Road handled the entire production run, as it did for most secure government paper of the period.