Released in 1927. Portrait of King George V in right window. Serial number on top right and lower left. 100 in top left and lower right corners. Stylised GRI above portrait. Circle of issue in top centre in varying positions and font in three types. ONE / HUNDRED / RUPEES in Central Denomination Panel. Signed FOR THE GOVERNMENT OF INDIA.

Language panel in centre, RUPEES below left window and 100 below right window.

White, handmade; moulded. Initially printed in England with circle of isssue in black and subsequently at Nasik with circle of issue in green.

Micro pattern with 100 within a decorative square in both windows on reverse.

Type 2.

Type 1: Rectangle wavy lines within border. Profile portrait of George V facing right and GOVT OF in two lines, INDIA bold in one line. Type 2: Profile portrait of George V facing right and GOVT OF in two lines, INDIA bold in one line.

Circle: Over printed circle of issue in top centre.