This article is from Jun 08, 2021

Indian rupee note issued in 1947 with a picture of Netaji! Real or Fake?

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Let’s know the history hidden by the traitors. 1947 Indian Rupee Note with Netaji Image, Share more

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A photo of the 10 rupee note circulating on social media that the 1947 Indian rupee note featured a portrait of Indian freedom fighter Netaji.

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The rupee note representing Netaji has been shared on social media for many years. Readers are also asked us about its authenticity.

Fact Check:

Netaji Subhash Chandra Bose started Azad Hind Bank in 1944 in Rangoon (now Yangon), Myanmar (Burma) during the Indian independence movement. The bank was formed to handle donations from Indians around the world.

Read more: Is the 1 lakh note engraved with Netaji’s image is real?

Earlier, we had published a detailed article on the 1 lakh rupee note engraved with Netaji’s image on behalf of Azad Hind Bank. Photos of Rs.1000, Rs.100, Rs.10 notes issued on behalf of this bank are available on the internet.

In 2018, Telegram India reported that “the museum set up in the Cuttack area of ​​Odisha, Netaji’s birthplace, contains banknotes and coins issued on behalf of the Azad Hind Bank.”

In 2016, the Economic Times reported, “Two officials say many borrowers have written to the Finance Ministry seeking permission to repay loans with money issued by the Azad Hind Bank, founded in Burma in 1944 by freedom fighter Netaji Subhash Chandra Bose. However, the RBI said there was no record of such a company and therefore the money could not be recognized as a legal tender.

Explanation

In our search, the banknote engraved with Netaji’s image belongs to the Azad Hind Bank, which was founded by Netaji during the freedom struggle. The notes featuring Netaji being shared on social media were issued by Assad Hind Bank. They were not published in independent India. Similarly, it is possible to know that neither the British government nor the Indian government accepted the money after independence.

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