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RBI reiterates legal tender status of 10 coins of different designs
January, 22nd 2018

It has come to the notice of the Reserve Bank that in certain places there is reluctance on part of traders and members of public to accept 10 coins due to suspicion about their genuineness.

It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the Government of India. These coins have distinctive features to reflect various themes of economic, social and cultural values and are introduced from time to time.

As coins have longer life, coins of different designs and shapes circulate in the market at the same time. So far the Reserve Bank has issued 10 coins in 14 designs and the public has been informed of their distinctive features through Press Releases (list appended). All these coins are legal tender and can be accepted for transactions.

The Reserve Bank has in the past also issued a Press Release (November 20, 2016) requesting members of the public to continue to accept coins of 10 denomination as legal tender in all their transactions without any hesitation.

The Reserve Bank has also advised banks to accept coins for transactions and exchange at all their branches.

For more information on these coins, please visit the following link: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx

Sr.No. Date of Issue Press Releases
1 Jun 29, 2017 Issue of 10 coin to commemorate the occasion of “150th Birth Anniversary of Shrimad Rajchandra”
2 April 26, 2017 Issue of 10 coins to commemorate the occasion of "One Hundred Twenty-fifth Year of National Archives of India"
3 Jun 22, 2016 RBI to shortly circulate 10 Coins to commemorate “Birth Centenary of Swami Chinmayananda”
4 Jan 28, 2016 Issue of 10 coins to commemorate the occasion of "125th birth anniversary of Dr. B. R. Ambedkar”
5 Jul 30, 2015 10 coins issued to commemorate "International Day of Yoga"
6 Apr 16, 2015 Issue of 10 coins to commemorate the occasion of "Centenary commemoration of Mahatma Gandhi's return from South Africa"
7 Jul 17, 2014 Issue of 10 coins to commemorate the occasion of "Diamond Jubilee of Coir Board"
8 Aug 29, 2013 Issue of 10 coins to commemorate the occasion of "Silver Jubilee of Shri Mata Vaishno Devi Shrine Board"
9 Jun 14, 2012 Issue of coins to commemorate the occasion of "60 years of the Parliament of India"
10 Jul 22, 2011 Issue of new series of Coins
11 Apr 01, 2010 PM releases Commemorative Coin Set; FM releases Mint Road Milestones: RBI at 75
12 Feb 11, 2010 Issue of new Commemorative Circulation Coin of 10/- denomination (bi-metallic) on the occasion of "HOMI BHABHA BIRTH CENTENARY YEAR"
13 Mar 26, 2009 New Coins of 10/- (Bi-metallic) with the theme – "Unity in Diversity"
14 Mar 26, 2009 New Coins of 10/- (Bi-metallic) with the theme – "Connectivity and Information Technology "

Jose J. Kattoor
Chief General Manager

Press Release: 2017-2018/1950

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