RBI clarifies Star Series bank notes are legal



Quick Summary
The Reserve Bank of India (RBI) has confirmed that banknotes featuring a star (*) symbol are legal and valid currency. This symbol, located in the number panel, indicates that the note is a replacement for a defectively printed one within a packet of 100 serially numbered notes. The star series numbering system was adopted by the RBI specifically for these replacement banknotes, which are otherwise identical to regular currency.

On 27th July the Reserve Bank of India (RBI) clarified that banknotes with a star (*) symbol are legal and valid currency. The star symbol indicates that the banknote is a replacement or reprinted note for defectively printed ones in a packet of 100 pieces of serially numbered currency notes. This star series numbering system was adopted by the RBI for such replacement banknotes. The star symbol is placed in the number panel of the banknote, between the prefix and the serial number, to identi
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FAQ :

Yes, the Reserve Bank of India (RBI) has clarified that banknotes with a star (*) symbol are legal and valid currency.

The star symbol indicates that the banknote is a replacement or reprinted note for a defectively printed one in a packet of 100 serially numbered currency notes.

The star symbol is placed in the number panel of the banknote, between the prefix and the serial number.

Star Series notes are identical to other legal banknotes, with the only difference being the presence of the star symbol in their serial number panel.

The clarification was issued in response to discussions on social media platforms regarding the validity of banknotes with the star symbol.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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