INDIA BURMA ISSUES (1935 -1950)

Indian currency notes were used for first time in a separate country in 1935. In that year, the Government of India Act 1935 was formed, separating the territory of Burma  from the administration of the Government of India.

Legal Tender in Burma Issues (1937)-KG V

5, 10 Rupees and 100 Rupees notes with the picture of King George V were overprinted "Legal Tender in Burma only" for use exclusively within Burma in 1937. Even though the Government of Burma was separated, the financial administration remained under the Reserve Bank of India. 
The Notes were issued in two varieties with Red Overprint (on the Top) and with Black Overprint (In the center) both obverse and reverse and were signed by JW.Kelly.

Reserve Bank of India ( Burma) Issues (1^st May 1938)- KG -VI

A set of notes were issued in 1938 bearing the picture of King George VI in denominations of 5, 10, 100, 1000 and 10000 Rupees. Issue of these notes was regulated by the Reserve Bank of India, they were classified as Indian Notes but their circulation remained limited to Burma and were signed by JB.Taylor. These are also commonly known as Peacock issues as they carried a picture of peacock on them.

Military Administration of Burma Issues (1^st May 1945) - KG-VI

During the Second World War, Burma was occupied by the Japanese. After it’s liberation in 1944 it was placed under a military administration until 1946. During this period, Indian notes with overprint "Military Administration of Burma / Legal Tender in Burma Only" were used in circulation. These notes are of 1, 5, 10 and 100 Rupees denomination and are signed by CD Deshmukh for 5 -10 -100 Rupees and by JB. Taylor for 5-100 Rupee issues only. 

Burma Currency Board Issues (1^st July 1947) - KG-VI

In 1946, civil government was restored in Burma, and the financial administration was given over to a "Burma Currency Board". This board once again employed the Indian Bank Notes with overprint "Burma Currency Board / Legal Tender in Burma Only" for circulation within Burma. These notes are of 1, 5, 10 and 100 Rupees denomination and are signed by CD.Deshmukh..

The Reserve bank of India closed its operation in Burma in September 1946 and all the notes for Burma issues were withdrawn on 1^st June 1950.

Payment Refused / Altered Notes

Notes with these overprints often reached India where attempts were sometimes made by people to eliminate the overprints and use the note in India. However, when such attempts were discovered, the respective notes were treated as defaced and put out of circulation with the stamp "Burma Notes / Payment Refused".