Breaking: Govt Announces to End Rs 10 Note Permanently – Check Last Date for 10 PKR Note

Govt Announces to End Rs 10 Note Permanently

Pakistan is preparing for a major currency shift as the federal government and the State Bank of Pakistan move to permanently phase out the Rs 10 banknote. The plan is part of a broader 2026 currency reform aimed at reducing printing costs and improving durability. While the Rs 10 note is still legal tender today, authorities are gradually replacing it with a long-lasting coin. Here is everything you must know about the last date and transition process.

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Why the Govt Is Ending the Rs 10 Note

The decision to discontinue the Rs 10 paper note is mainly financial and practical. Reports from the Ministry of Finance and updates available on the official SBP website confirm that maintaining low-denomination paper notes is becoming too expensive.

1. High Printing Expenses

• Printing a Rs 10 note costs nearly 25 percent of its value.
• Millions of notes must be reprinted every year due to damage.

2. Short Lifespan

• Average life of the paper note is less than one year.
• Coins can remain in circulation for over two decades.

3. Long-Term Savings

• Government expects to save billions in printing and replacement costs.

4. Economic Modernization

• Move aligns Pakistan with global trends where coins replace small notes.

Information is based on official sources and verified updates from top Google reports.

New Currency Redesign 2026

The phase-out of the Rs 10 note is part of the New Banknote Series 2026 introduced by the State Bank of Pakistan. Other denominations like Rs 20, 50, 100, 500, 1000, and 5000 will receive updated security features.

1. Advanced Security Threads

New notes will include improved anti-counterfeit technology.

2. Cultural Themes

Designs highlight Pakistan’s heritage and landmarks.

3. Stronger Material

Higher denominations will use improved banknote paper for durability.

4. Coin Focus for Rs 10

The Rs 10 denomination will remain permanently in coin form.

What Is the Last Date for Rs 10 Note?

As of February 2026, no final cutoff date has been officially announced. However, the transition follows a standard process.

1. Government stops printing new Rs 10 paper notes.
2. Banks gradually circulate more Rs 10 coins.
3. Official notification announces final exchange deadline.
4. Public gets 1–2 years to exchange notes at banks.
5. After deadline, note loses legal tender status.

Important Update

Currently, the Rs 10 note is still valid. Do not believe viral social media rumors about immediate expiry. The SBP always provides sufficient grace time.

Impact on the Public

The shift from note to coin will affect daily transactions.

1. Portability Concern

• Coins are heavier to carry in large quantities.

2. Market Acceptance

• Some shopkeepers hesitate to accept Rs 10 coins.

3. Awareness Campaign

• Government plans public awareness drive for smooth transition.

4. Banking Support

• Banks will facilitate exchange without fees.

Security Features of the Rs 10 Coin

The Rs 10 coin currently in circulation features:

1. Crescent and Star Symbol

Represents national identity.

2. Bold “10” Marking

Clear denomination marking for easy recognition.

3. Serrated Edges

Makes counterfeiting difficult.

4. Durable Alloy

Brass and copper mix ensures long lifespan.

Coins are harder to replicate compared to paper notes, reducing fraud risk.

Helpline & Contact Information

For official confirmation and latest updates:

• Official Website: https://www.sbp.org.pk
• SBP Helpline: 021 111 727 111
• Email: info@sbp.org.pk
• Visit nearest commercial bank branch for exchange guidance

Always rely on official notifications rather than social media claims.

Conclusion

The permanent replacement of the Rs 10 paper note with a coin marks a significant shift in Pakistan’s currency management strategy. While the note is still legal tender today, the future clearly belongs to the durable coin. This change will reduce government costs, improve security, and modernize the monetary system. Citizens should stay informed through the official SBP website and prepare for a gradual transition rather than panic over rumors.

FAQs

Is the Rs 10 note still valid in 2026?

Yes, it remains legal tender until an official last date is announced.

When will the Rs 10 note expire?

No final date has been declared yet by the State Bank of Pakistan.

 Where can I exchange old Rs 10 notes?

At commercial banks and SBP Banking Services Corporation offices.

Why is the government replacing the note with a coin?

To reduce printing costs, increase durability, and prevent counterfeiting.