Madras Presidency Notes
Also known as the Presidency of Fort St. George and
Madras Province, the Madras Presidency was an
administrative subdivision of British India. It spread
across South India and covered the present-day
states of Andhra Pradesh and Tamil Nadu and parts
of Kerala, Odisha, Karnataka, Lakshadweep, and
Telangana. Madras was the winter capital of the
presidency while Ootacamund, also called Ooty, was
its summer capital. The island of Ceylon (present-day
Sri Lanka) was a part of the presidency between 1793
and 1798 CE, when it was made a separate Crown
Till 1861 CE when the Paper Currency Act came into effect, the paper currency in Madras Presidency was issued by various banks. Notes of denominations like 500 Star Pagodas or 1750 Arcot Rupees, 2 Star Pagodas or 7 Arcot Rupees, 5 Rupees, 15 Rupees, and 100 Rupees were issued.
The 500 Star Pagodas or 1750 Arcot Rupee note bore a vignette of the personification of “India” sitting under a pennant which reads “Asiatic 1804 Bank”. A tiger sits at her feet while she holds a snake in her left hand and a mace in the right. The background shows scenery of hills and water.