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100 Rupees Twelve Year National Plan Savings Certificate
| Issuer | Government of India |
|---|---|
| Year | 1957 |
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| Shape | Rectangular |
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| Obverse description | Pink certificate printed in dark brown letterpress on plain paper. The Ashoka Lion Capital emblem of India appears twice flanking the central text block, with denomination numerals 100 in ornate cartouches at each corner. A decorative guilloche border frames the entire document, with the title TWELVE YEAR NATIONAL PLAN SAVINGS CERTIFICATE across the top in bold lettering. |
|---|---|
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| Reverse description | Reverse printed in dark brown on plain paper, headed RECEIPT ON DISCHARGE. The Ashoka Lion Capital emblem flanks both upper corners alongside denomination numeral 100. The left panel presents a redemption value table listing progressive year-by-year maturity amounts from year 2 through year 12. The right panel contains a discharge receipt with spaces for payment amount, holder signature, and date. |
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| Comments |
India's Twelve Year National Plan Savings Certificate was part of the broader mobilization of domestic capital to fund the Five-Year Plans under Nehru's economic program — the twelve-year framing reflected the intended span of the first three plans combined. These certificates were not banknotes in any transactional sense; they were fixed-term government savings instruments, closer in function to a bond, issued through post offices and intended to sit in drawers, not circulate.
Printed domestically at a time when the Security Printing Press at Nasik was still developing its infrastructure, the quality of government paper securities from this period is notably uneven. The 1957 vintage predates the press's later modernization.