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 Signed by B Rama Rau of Re ...

One Hundred Rupees Bank Notes Signed by B.Rama Rao of ...

Rare Five Rupees Bank Note of Persian Gulf Issue of si ...

Ten Rupees Bank Note Signed by S Venkitaramanan of Repu ...

One Rupee Banknote Signed by S Bhoothalingam of Republi ...

Ten Rupees Fancy No 444444 Banknote Signed by S Jaganna ...

Ten Company Rupees Banknote of Calcutta Circle of Bank ...

Ten Rupees Banknote Signed by Liaqat Jung of Hyderabad ...

King George VI Hundred Rupees Note of C. D. Deshmukh.

One Thousand Rupees Banknotes Signed by N C Sengupta of ...

PMG Graded One Rupee Banknote of 1944 Signed by C E Jones.

Very Rare Kanpur Cicle Fist Issue One Hundred Rupees Ba ...