Created by HildaCorley2963
Last edited January 9, 2026

Template:Distinguish Template:Infobox coin The Indian One Paisa coin (Template:Langx) is a former denomination of the Indian Rupee. The 1 coin equals Template:Frac (one-hundredth) of the Indian Rupee. The symbol for paisa is (). In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957. From 1957 to 1964, one paisa coin was called "Naya Paisa" (Template:Langx) (English: New Paisa) and on 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". One paisa coin has been demonetized and is no longer legal tender.[1]

History

Prior to 1957, the Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: New Paisa). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". One paisa coins were issued as a part of "The Decimal Series".[2][3] One paisa coin was withdrawn from circulation and demonetized on 30 June 2011.[1][4]

Variants

Variants (1964-1981).
Image Value Technical parameters Description Year of minting Monetary
status
Obverse Reverse Weight Diameter Thickness Metal Edge Obverse Reverse First Last
File:1 Naya paisa (Reverse).jpg 1 Paisa 1.5 g 16 mm 1 mm Bronze Smooth State Emblem of India & country
name in Hindi and English.
Face-value and year. 1957 1961
File:1 Indian paisa (Obverse) 1964.jpg File:1 Indian paisa (Reverse) 1964.jpg 1 Paisa 1.48 g 16 mm 1.01 mm Nickel-brass Smooth State Emblem of India & country
name in Hindi and English.
Face-value and year. 1959 1964 Demonetized.[5]
File:1 Indian paisa (Obverse).jpg File:1 Indian paisa (Reverse).jpg 1 Paisa 0.75 g 17 mm 1.72 mm Aluminium 1965 1981 Demonetized.[6]

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See also

References

  1. 1.0 1.1 25 paise coins to be demonetised. OneIndia. Retrieved 2024-09-14.
  2. Republic India Coinage. Retrieved 30 November 2016.
  3. 1 paisa coin. Retrieved 30 November 2016.
  4. Currency Matters. Retrieved 30 November 2016.
  5. 1964 Indian paisa. Retrieved 30 November 2016.
  6. 1965 Indian paisa. Retrieved 30 November 2016.

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