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500 Rupees - Specimen Travellers Cheque State Bank of India Calcutta

Issuer State Bank of India
Year 1979
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Currency Rupee (decimalized, 1957-date)
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Obverse description Mauve-toned cheque with the denomination panel at left and the State Bank of India roundel logo at right. A central vignette carries a view of the Taj Mahal as underprint. The face bears printed text blocks for payee, countersignature, and negotiation instructions, with a SPECIMEN overprint across the signature panel.
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Reverse description Reverse is unprinted, consisting of plain cream-white paper stock with no text, vignette, or overprint of any kind.
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Comments

State Bank of India travellers cheques are rarely catalogued with any seriousness, which is a mistake. The Nasik Road Security Press — formally the India Security Press — handled the bulk of India's sensitive financial documents through this period, and the 500-rupee denomination here would have represented a substantial sum in 1979: roughly equivalent to a month's salary for many urban workers at the time.

Specimen cheques from this series were produced for internal approval and training purposes. Surviving examples almost always carry "SPECIMEN" perforation or overprint, and the cotton substrate was chosen specifically to match the tactile standards applied to currency rather than commercial cheque stock.

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