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Kundapur: Woman collects Rs 10 coins worth Rs 1 lac, buys bike by paying them

  •   Fri, Jun 16 2023 06:03:16 PM

Silvester D’ Souza

Daijiworld Media Network – Kundapur (EP)

Kundapur, June 16: A woman here has collected 10,000 coins of Rs 10  each and bought a Suzuki Access 125 cc bike with the money.

Rubina Begum is the customer who bought the bike from Srinivas Motors Suzuki showroom in Koteshwar's Ankadakatte. She has fulfilled her desire of buying the bike by paying the entire amount in only Rs 10 coins.

Receiving the price of the bike only in coins was a new experience for the staff of Radhakrishna Suzuki showroom.

The coins weighed a total of 80 kilos. Counting those coins was a challenge. However, the proprietor and the staff of the organisation have gladly accepted them.

 

 

 

 

            
  

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Comment on this article

  • Vishnu hebbar, Mangaluru

    Sat, Jun 17 2023

    Goid people were not accepting rs 10 coins. Here is a positive news

    DisAgree Agree [1] Reply Report Abuse

  • Edwin, India

    Sat, Jun 17 2023

    Not a good social behaviour, and should be discouraged. The Reserve Bank of India (RBI) has also issued guidelines that discourage coin hoarding. In a circular issued in 2011, The RBI also warned that "hoarding of coins may lead to their scarcity and inconvenience to the public." Dont encourage coin hoarding as the money spent by government in manufacture of each coin is more than its monetary value.

    DisAgree [1] Agree [2] Reply Report Abuse

  • Lance Moniz, Mangalore/Hathill

    Sat, Jun 17 2023

    She might have collected them at discount as these coins were not freely acceptable .Clever investor . !!

    DisAgree [1] Agree [5] Reply Report Abuse

  • Rita, Germany

    Sat, Jun 17 2023

    It would have been better to have a coin counting maschine.Hope now they will buy one and keep it ready for the next one who brings coins .

    DisAgree [7] Agree [3] Reply Report Abuse

  • Evans C Sumitra, Udupi/New York, USA.

    Sat, Jun 17 2023

    Rita, Germany, Your comments make no sense at all. You need more knowledge.

    DisAgree [5] Agree [5] Reply Report Abuse

  • Anand A, Mangaluru

    Fri, Jun 16 2023

    Even banks were refusing 10 rupee coin. May be the reason why she started collecting them. Illegal to hoard the coins, any way.

    DisAgree [14] Agree [6] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai -Mangalore

    Fri, Jun 16 2023

    Very good; she saved ₹10 coins, and perhaps made a record by buying a 🛴 with the same! BTW, in many places in and around Mangalore, traders and shopkeepers do not accept ₹10 coins saying it's not legal tender!!

    DisAgree [2] Agree [14] Reply Report Abuse

  • clifford, mangalore

    Sat, Jun 17 2023

    She might have found it difficult to dispose it otherwise as coins are not preferred by all .Hence duped it on dealer .

    DisAgree [5] Agree [1] Reply Report Abuse

  • Samson Dsouza, Kinnigoli/Dubai

    Fri, Jun 16 2023

    This answers why there is shortage of Rs 10 Coin

    DisAgree [11] Agree [33] Reply Report Abuse

  • Jossey Saldanha, Raheja Waterfront

    Fri, Jun 16 2023

    Rubina Begum kept thousands of coins out of Circulation ...

    DisAgree [10] Agree [35] Reply Report Abuse


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Title: Kundapur: Woman collects Rs 10 coins worth Rs 1 lac, buys bike by paying them



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