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RBI clears confusion: All Rs 10 coins are legal tender, rejection can lead to legal action

  •   Mon, Mar 24 2025 08:31:17 AM

Daijiworld Media Network – Bengaluru

Bengaluru, Mar 24: The confusion surrounding Rs 10 coins continues to persist across India, with many shopkeepers and traders refusing to accept them due to various misconceptions. However, the Reserve Bank of India (RBI) has once again clarified that all Rs 10 coins issued by the government and RBI remain valid legal tender and must be accepted for transactions.

14 types of Rs 10 coins – a major reason for confusion

So far, 14 different Rs 10-coin designs have been introduced, leading to widespread misinformation. Some believe that only coins with the Rs symbol are genuine, while others claim that coins with 10 ridges are valid, and those with 15 ridges are fake.

Dispelling these myths, RBI has reaffirmed that all Rs 10 coins minted by the Indian government are legally valid and there is no distinction between them in terms of legitimacy.

RBI’s official statement

To address public concerns, RBI has issued multiple clarifications and launched an awareness campaign through its official website. RBI officials have urged the public to accept all forms of Rs 10 coins and warned that rejecting them can lead to legal consequences.

Dedicated RBI helpline for Rs 10-coin queries

To assist the public, RBI has introduced a toll-free helpline (14440), where individuals can verify details regarding Rs 10 coins.

Upon dialling 14440, callers will receive an automated message providing comprehensive information about the authenticity and circulation status of Rs 10 coins.
Legal action against those refusing Rs 10 coins

RBI has strictly stated that rejecting legally issued Rs 10 coins can result in penalties or legal action.

All traders, businesses, and individuals are advised to accept Rs 10 coins without hesitation. Anyone facing difficulties in transactions involving ?10 coins can report the issue to authorities or contact the RBI helpline for clarification.

 

 
  

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Comment on this article

  • Subramanian NN, Kalpathy po Palakkad

    Tue, Mar 25 2025

    Previously in kerala also traders were not accepting 10 rupee coins. And whatever coins they receive were depositing in banks. And some bank branches were stock of 10 rupee coins to the tune of around 20 lakhs. Now slowly started accepting coins as even old issuable 10 rupees are not available. As Iam a retired bank cashier I always used to use coins of 10 and 20. But there is a shortage of coins for rs. 5.

    DisAgree Agree Reply Report Abuse

  • beda prakash, udupi

    Mon, Mar 24 2025

    what was the necessity for RBI to change the design of the coin every now and then ? you design it once and mint it and put it for circulation. RBI changes design every now and then, only to mint money for its officials (in the form of approving the design, re-minting etc,). how can the public be blamed if the coin they receive is different from one that they are accustomed to. 10 rupees may not mean much to the people living in towns, but in rural india, there are people struggling for livelihood even now, and 10 rupees mean a lot to them. they do not want to be swindled.

    DisAgree [3] Agree [9] Reply Report Abuse

  • Jossey Saldanha, RahejaWaterfront

    Mon, Mar 24 2025

    Rs 10 coins have Disappeared ...

    DisAgree [6] Agree [8] Reply Report Abuse

  • Joseph, Bombay

    Mon, Mar 24 2025

    First take legal action in Karnataka against private bus conductors, hotels, shops, establishments who have developed a hate attitude and an ongoing mafia nexus is prevalent EVERYWHERE against accepting these coins out-rightly. I encountered an embarassing moment when at B C Road bus stop I boarded a bus some 1.1/2 years ago to travel to Bellore and I tendered two such coins to him. The conductor refused to accept the coins with utter disrespect he almost flung the coins out of the window and demanded currency notes, to which I refused (despite having them) ... in the process, I was threatened never to show these coins in any of the buses ... the worse thing was not a single commuter in the bus opened their mouths to support me or pacify the conductor ... but on a lighter note I also travelled free-of-cost due to his immaturity. A friend of mine running a hotel behind the B C Road bus stand once showed me three full bags of ten rupees coins in his cash box. He said public refuses to accept these against multiples of Rs. 200 or more after patronizing his hotel. They demand notes instead.

    DisAgree [4] Agree [18] Reply Report Abuse


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