2 Rupees

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.