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| Issuer | Government of India (Post Office) |
|---|---|
| Year | 1954 |
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| Value | 25 Rupees |
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| Obverse description | Red letterpress on pale green paper. The title TEN YEAR NATIONAL PLAN CERTIFICATE is printed across the top within a decorative guilloche border. The Ashoka Lion Capital emblem appears at centre top and in side vignettes, with the denomination 25 RUPEES TWENTY FIVE repeated at left and right. Devanagari and regional script numerals flank the lower corners. A manuscript text block and postmaster signature line occupy the centre. |
|---|---|
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| Reverse description | Red letterpress on pale green paper with guilloche border matching the obverse. The heading RECEIPT ON DISCHARGE is printed at top centre. A tabulated schedule lists redemption values for the 10 Year Certificate at yearly intervals from one to ten years. A receipt panel at right provides space for the payment amount, holder signature or thumb impression, and date. The Ashoka Lion Capital appears in side vignettes with Devanagari numerals in corner blocks. |
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| Comments |
Issued under India's First Five-Year Plan framework, this certificate was sold through post offices as a small savings instrument — not a banknote in the conventional sense, but cataloged alongside currency issues due to its bearer character and fixed redemption value. The ten-year term placed maturity in 1964, well into the Second Plan period, and the Post Office distribution network was deliberately chosen to reach rural savers who had no access to commercial banks.
The 25-rupee face value corresponded roughly to a month's agricultural wage in many regions at the time of issue.