India | |
| Value | 0.01 Indian Rupee |
|---|---|
| Edge | Plain |
| Composition | (1957–present) |
| Years of minting | 1957—2002 |
| Obverse | |
| Reverse | |
TheIndian paisa (plural:paise)(
) is a1⁄100 (one-hundredth) subdivision of theIndian rupee. The paisa was first introduced on 1 April 1957 afterdecimalisation of the Indian rupee.[1]
In 1955, theGovernment of India first amended theIndian Coinage Act and adopted the "metric system forcoinage". From 1957 to 1964, the paisa was callednaya paisa (transl. 'new paisa') to distinguish it from the old paisa/pice which was a1⁄64 subdivision of the Indian Rupee. On 1 June 1964, the term "naya" was dropped and the denomination was namedpaisa. Paisa has been issued in 1, 2, 3, 5, 10, 20, 25, and 50 paise coins. Though as of 2023, coins of thedenomination of 1 rupee are the lowest value in use.
Prior to 1957, theIndian rupee was notdecimalised and the rupee from 1835 to 1957 was further divided into 16annas. Each anna was further divided to fourIndian pices and each pice into threepies till 1947 when the pie was demonetised.[2][3]
| Denomination | Corresponding value | From | To | Comments |
|---|---|---|---|---|
| OneIndian rupee | SixteenIndian anna | 1835 | 1947 | |
| 1947 | 1950 | |||
| 1950 | 1957 | |||
| Hundred paise | 1957 | 1964 | Naya paisa series | |
| 1964 | Present | Except 50 paise, rest all paise, anna, pice and pies coinsdemonetised. | ||
| One Indian anna | FourIndian pice | 1835 | 1947 | |
| 1947 | 1950 | |||
| 1950 | 1957 | Anna and pice demonetised in 1957. | ||
| One Indian pice | ThreeIndian pies | 1835 | 1947 | Pies demonetised in 1947. |
| One Indian rupee = 100 paise = 16 anna = 64 pice = 192 pies.[2] | ||||
| Naya paisa series | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Value | Technical parameters | Description | Year of minting | Monetary status | ||||||
| Weight | Diameter | Thickness | Metal | Edge | Obverse | Reverse | First | Last | ||
| 1 naya paisa | 1.5 g | 16 mm | 1 mm | Bronze | Plain | State Emblem of India and country name in Hindi and English. | Face-value and year. | 1957 | 1962 | Demonetised.[4] |
| 2 naya Paise | 2.95 g | 18 mm | 1.80 mm | Cupronickel | Smooth | 1957 | 1963 | Demonetised.[5] | ||
| 5 naya paise | ||||||||||
| 10 naya paise | ||||||||||
| 20 naya paise | ||||||||||
| 50 naya paise | ||||||||||
| Paisa – Aluminum series | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Value | Technical parameters | Description | Year of minting | Monetary status | ||||||
| Mass | Diameter | Thickness | Metal | Edge | Obverse | Reverse | First | Last | ||
| 1 paisa | 0.75 g | 17 mm | 1.72 mm | Aluminium | Smooth | State Emblem of India and country name in Hindi and English. | Face-value and year. | 1965 | 1981 | Demonetised.[6] |
| 2 paise | 1.0 g | 20 mm | 1.58 mm | Demonetised.[7] | ||||||
| 3 paise | 1.2 g | 21 mm | 2.0 mm | 1964 | 1971 | Demonetised.[8] | ||||
| 5 paise | 1.5 g | 22.0 mm | 2.17 mm | State Emblem of India country name and face-value. | Year and "Save for development" lettering. Coin minted to commemorateFAO. | 1977 | 1977 | Demonetised.[9] | ||
| 10 paise | 2.27 g | 25.91 mm | 1.92 mm | State Emblem of India and country name in Hindi and English. | Face-value and year. | 1971 | 1982 | Demonetised.[10] | ||
| 20 paise | 2.2 g | 26 mm | 1.7 mm | 1982 | 1997 | Demonetised.[11] | ||||
| 25 paise | 2.83 g | 19.05 mm | 1.55 mm | 1957 | 2002 | Demonetised.[12] | ||||
| 50 paise | 2.9 g | 19 mm | 1.5 mm | 1957 | 2002 | Demonetised.[13] | ||||
A symbol for the paisa ⟨⟩ was designed using the same concept as thesymbol for rupee.[14] However, the proposed symbol never appeared on any coin, as theReserve Bank of India had stopped minting any paisa coins before this proposal.
