Buy Historical Republic India Banknotes, Paper Money, Currency online on MarudharArts.

100 Rupees,&nbsp;1950, I Issue, Kanpur Circle, Signed by&nbsp;B. Rama Rao, with two different seals or stamps,&nbsp;in the blue ink in two lines it reads&nbsp;&quot;MUTILATED PAYMENT REFUSED&quot;&nbsp;&amp; in the black ink it reads&nbsp;&quot;TO CLAIMS&nbsp;CALCUTTA&quot;,&nbsp; S. No. U1 990039,&nbsp;about fine with restoration, Extremely Rare,&nbsp;Sold as it is with no returns.

Cataloguer describes this&nbsp;as the possible event,&nbsp;since the note is torn and has external paper pasted at back, the&nbsp;bank where it was tried to be exchanged or paid, would have put the &ldquo;MUTILATED PAYMENT REFUSED&rdquo; stamp&nbsp;as per their internal policy, consequently it may&nbsp;not have been accepted by the main branch of that bank or RBI in&nbsp;that city and was redirected to the Calcutta branch or Calcutta RBI for Claims with the stamp of &ldquo;TO CLAIMS CALCUTTA&rdquo;.&nbsp;

Needs more research, nevertheless an interesting example!&nbsp;

One Hundred Rupees Bank Note of Signed by P.C. Bhattach ...

One Hundred Rupees Banknote Signed by B Rama Rau of Re ...

Rare Combination of Fancy Number 55555 One Rupee Note ...

Two Rupees Bank Note Signed by B Rama Rau of Republic I ...

One Hundred Rupees First Isue Banknote of 1950 of Repub ...

PMCS Graded 64 UNC Five Hundred Rupees Fancy No 000786 ...

Uniface Ten Rupees Bank Note of King George V Signed by ...

Pakistan Issue Two Rupees Banknote of 1948 of King Geo ...

PMG Graded Ten Rupees Banknote of King George VI of 193 ...

PMG Graded Five Rupees Banknote of King George VI of 19 ...

One Rupee Bank Note of King George V Signed by J.W. Kel ...

PMCS Graded One Rupee Banknote of 1935 of British India ...