This is a full bundle of One Rupee notes of the 'Big Coin' type, so called because the note depicts a large one-rupee coin. The packet is dated 1981 and carries the signature of R.N. Malhotra — the One Rupee note is a Government of India issue signed by the Finance Secretary — and is described in UNC (uncirculated) condition with a fancy serial number.
Full serial-wise bundles appeal to collectors because every note is fresh and consecutively numbered, and older one-rupee packets in genuine uncirculated condition are increasingly difficult to source complete. A recognised signatory and an attractive serial number both add to the appeal.
The value of such a bundle turns on condition, the signatory and year, and whether the serials are fancy or plain. Coinbazzar lists verified one-rupee bundles so you can confirm the grade and buy the exact packet shown here.