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 H.V.R. Iyengar o ...

One Hundred Rupees Banknote Signed by H V R Iyengar of ...

444444 Fancy Number Ten Rupees Peacock series Banknote ...

One Hundred Rupees Banknote Signed by P C Bhattacharya ...

One Hundred Rupees Bank Note Signed by B Rama Rau of Re ...

One Hundred Rupees Banknote Signed by H V R Iyengar of ...

3 PMCS Graded as 58, 30 & 63 Fancy Number 000786, 78600 ...

Ten Rupees Bank Note of King George VI Signed by J.B. T ...

Ten Rupees Banknote of King George V Signed by J B Tayl ...

Rare Collection of Fifty Ruppes 67 Notes of Republic India.

Extremely Rare PMG 30 Graded Uniface One Hundred Rupees ...

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