Hyderabad, 8 July
Man Buys Rs 1.1 Lakh Bike Entirely with Rs 10 Coins
A Telangana Man Buys Rs 1.1 Lakh Bike Entirely with Rs 10 Coins, creating a buzz among residents and attracting curious onlookers at a motorcycle showroom in Nalgonda district. The unusual purchase quickly became the talk of the town after the buyer paid the full amount using bags filled with Rs 10 coins.
The buyer, Konde Raghupathi, a resident of Veliminedu village in Chityala mandal, purchased a Hero Splendor Plus motorcycle from Sri Vinayaka Motors in Chityala.
Instead of making the payment through cash notes, UPI, or a bank transfer, Raghupathi paid the entire cost of Rs 1.10 lakh exclusively in Rs 10 coins, leaving showroom staff and customers surprised.
Telangana Man Buys Rs 1.1 Lakh Bike Entirely with Rs 10 Coins, Draws Crowd
The Telangana Man Buys Rs 1.1 Lakh Bike Entirely with Rs 10 Coins story quickly spread across the locality as several bags filled with coins were brought into the showroom.
Employees at the dealership patiently sorted and counted thousands of Rs 10 coins to verify the payment. The counting process took considerable time before the amount was confirmed.
After successfully verifying the total value of the coins, the showroom completed the transaction and officially handed over the new Splendor Plus motorcycle to Raghupathi.
Many people who witnessed the unusual payment appreciated the professionalism of the dealership staff, who accepted the legal tender without hesitation and ensured the customer faced no inconvenience.
Dealership Praised for Accepting Coin Payment
The incident has received widespread attention on social media and among local residents. Many praised Sri Vinayaka Motors for honouring the payment, pointing out that Rs 10 coins are legal tender issued by the Reserve Bank of India (RBI) and can be accepted for transactions.
Several social media users also commended the patience of the showroom employees, who carefully counted every coin before completing the sale.
The Telangana Man Buys Rs 1.1 Lakh Bike Entirely with Rs 10 Coins incident has become one of the most talked-about local stories in the district, highlighting an uncommon yet completely legal method of making a high-value purchase.
Similar Coin Payment Made in Telangana Earlier
Interestingly, this is not the first time a motorcycle has been purchased entirely using coins in Telangana.
In December 2022, Eraveni Venkatesh, a YouTuber from Mancherial, purchased a KTM motorcycle worth Rs 2.85 lakh by paying the entire amount in Rs 1 coins.
According to reports, showroom employees spent more than a day counting the coins before finalising the transaction. That purchase also attracted widespread public attention and went viral on social media.
The latest incident involving Konde Raghupathi has once again demonstrated that coins remain a valid form of payment under Indian law, even for large purchases, provided the transaction complies with applicable legal provisions.
Coins Are Legal Tender in India
Under the Reserve Bank of India (RBI) guidelines, coins issued by the Government of India are recognised as legal tender. While businesses may require additional time to count large quantities of coins, they remain valid for making payments within the prescribed legal framework.
The Telangana Man Buys Rs 1.1 Lakh Bike Entirely with Rs 10 Coins story has become a reminder that traditional forms of currency continue to hold legal value, even in an era dominated by digital payments.