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2 Rupees

Issuer Reserve Bank of India
Year 1962
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Composition Paper
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Obverse lettering RESERVE BANK OF INDIA GUARANTEED BY THE CENTRAL GOVERNMENT I PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF TWO RUPEES DO ROOPAYE AT ANY OFFICE OF THE ISSUE FOR THE RESERVE BANK OF INDIA (SIGNATURE) GOVERNOR
Reverse description Printed with a greenish overlay on a predominantly brown ground, the reverse carries a central vignette of a tiger bust facing right, set within an ornate guilloche frame. Inscriptions in thirteen regional Indian languages are arranged around the central motif.
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Comments

The P#30 series marked the first substantive redesign of the 2 Rupee note after the Republic of India's consolidation of its currency architecture in the early 1950s. The Reserve Bank had been issuing 2 Rupee notes continuously since the colonial period, but the 1962 iteration came with a shift in the signature panel — different governors' signatures appear across the run, making precise attribution to a specific printing cycle a minor but real collector headache.

Notes from this series circulated hard and long. The 2 Rupee denomination stayed in active daily use for decades, and genuinely uncirculated examples from the early 1960s printings are difficult to find.

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