5 Key Takeaways
- A 51-year-old pastor saved every Rs 10 coin he received for three years.
- He accumulated 12,300 ten-rupee coins, totaling Rs 1.23 lakh.
- He used the savings to buy a Honda Activa scooter worth Rs 1.23 lakh.
- Despite family doubts and rumors about Rs 10 coins, he persisted with his savings habit.
- The story shows that small, consistent savings can add up to a significant purchase.
Telangana Man Saves Every Rs 10 Coin for Three Years and Buys a Scooter Worth Rs 1.23 Lakh
In a remarkable display of patience and small-scale saving, a 51-year-old pastor turned three years of Rs 10 coins into a brand-new Honda Activa.
In a remarkable display of patience and small-scale saving, a 51-year-old pastor from Telangana’s Mancherial district turned three years of Rs 10 coins into a brand-new Honda Activa. B Ravi Joseph, who lives in Luxettipet, walked into a dealership with 12,300 ten-rupee coins and rode out with a scooter worth Rs 1.23 lakh. Staff at the showroom spent nearly two hours counting the coins before confirming the total. The story has since gone viral, with many people praising Joseph’s discipline.
12,300 ten-rupee coins = Rs 1,23,000 = one Honda Activa
Three years of collecting small change
Joseph began his coin collection on October 10, 2023. He did not set aside large amounts of money at once. Instead, he kept every Rs 10 coin that came into his hands during routine purchases. Buying groceries, paying for everyday needs, or running errands—each transaction became an opportunity to add to the savings. He continued this practice for three full years.
“For the past three years, out of my daily routine and grocery expenses—even when going out—wherever I went to the grocery shop, I managed to save some money little by little, saving approximately 1,23,000 rupees bit by bit,”
— B Ravi Joseph, speaking to NDTV
The math is straightforward. Rs 1.23 lakh equals 123,000 rupees. To reach that amount using only Rs 10 coins, Joseph needed 12,300 coins. That is exactly what he brought to the showroom. A lakh is a commonly used Indian numbering unit equal to 100,000.
From household plan to two-wheeler
Initially, Joseph thought about using the money for something useful at home. But as the pile of coins grew, the idea of buying a two-wheeler took shape. He had long wanted a Royal Enfield Bullet, but financial constraints made that impossible. Eventually, he settled on the Honda Activa as a practical and achievable goal, using the money he had accumulated through his daily savings habit.
The purchase also fulfilled a long-standing wish. Joseph had reportedly dreamed of owning a Royal Enfield Bullet, but the cost was beyond his reach. The Honda Activa became a realistic alternative that still gave him the satisfaction of reaching a meaningful savings goal.
Family doubts and legal-tender rumours
Not everyone in his household supported the habit. Family members heard rumours that Rs 10 coins might be discontinued or lose their legal-tender status. Legal tender is the official money that must be accepted for payment under law. Some relatives advised him to stop saving the coins out of fear they might become worthless. Joseph, however, did not stop.
“My family asked me not to continue, but I did not give up. I kept saving the coins, one transaction at a time,”
— B Ravi Joseph, speaking to NDTV
He continued putting aside coins whenever he received them, ignoring the doubts and staying focused on the plan. The speculation about the future of Rs 10 coins did not break his routine. He kept going until he had accumulated enough money to make the purchase.
A two-hour counting session at the showroom
When Joseph finally took his accumulated savings to Jagadamba Honda Motors in Luxettipet, the sheer volume of coins made the payment memorable. Staff at the dealership counted the coins for nearly two hours before confirming the total was Rs 1.23 lakh. The Economic Times reported that the counting process took close to two hours.
Joseph was accompanied by family members when he took delivery of the new scooter. The transaction drew attention from showroom employees and local residents alike. A video of the scene later went viral on social media, with many users praising Joseph’s commitment and consistency.
What the story shows
Joseph’s story is a reminder that small savings, repeated consistently, can build into something significant. He did not rely on a windfall or a large salary deduction. Instead, he turned ordinary change into a two-wheeler worth more than a lakh rupees. The scooter is not just a mode of transport; it is the physical result of three years of patience and self-discipline.
His experience may encourage others to start their own small savings habits. While not everyone will pay for a vehicle with coins, the underlying principle remains the same: small amounts, saved regularly, can add up to meaningful purchases. Joseph now has the Honda Activa he saved for, and his story continues to circulate as an example of everyday financial determination.
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