2 Rupees R N Malhotra Satellite Issue Plain Inset Bundle

This is an original, stapled bundle of 2 Rupees banknotes featuring the iconic satellite design, issued by the Reserve Bank of India and signed by R. N. Malhotra. The obverse displays a high-contrast satellite view with earth and orbit, surrounded by ornate floral motifs and the denomination “2” in Devanagari and English. The bilingual legend at the top reads “Bharatiya Reserve Bank / Do Rupaye” with “TWO RUPEES” at bottom.

The reverse showcases complex line art with denomination “2” multi-lingually and a bold “Reserve Bank of India” title at top. Serial range “57S 358301” is visible, and the Ashoka Pillar emblem is featured at right, signaling official status and Indian sovereignty. Each note includes R N Malhotra’s signature at lower right, with the standard promise clause. Rust marks around staple areas and watermark panels are typical of authentic, aged, original bundle.

Collectors value these satellite issue bundles for their vivid space-age theme, consecutive serial numbering, and the historic signature of R. N. Malhotra, making them a highlight for currency portfolios and auction listings.