RBI Clarifies: After discussions in social media concerning the validity of financial institution notes with star image, RBI has issued a press launch and clarified.
RBI Information Replace: If subsequent time you discover a financial institution observe with star image within the quantity panel of notes, then you do not want to fret. Financial institution notes with the star image are legally legitimate. The Reserve Financial institution of India has given clarification concerning these notes. RBI mentioned that the financial institution observe with the star image is as legally legitimate because the financial institution observe with out the star image. RBI mentioned that the star image is added between the prefix and serial variety of the financial institution observe. A financial institution observe with a star image identifies that this observe has been modified or reprinted after the observe has melted or deteriorated by including the star image with the identical quantity and prefix.
Reserve Financial institution of India clarifies on Star Collection Banknoteshttps://t.co/BFBYLbH8Ao
— ReserveBankOfIndia (@RBI) July 27, 2023
RBI has issued this clarification after discussions in social media concerning the validity of financial institution notes with star image. RBI mentioned that the star image is included within the quantity panel of financial institution notes. These are the notes that are printed in alternate for the spoiled notes. These notes with the star image are printed in 100 items with serial numbers.
RBI mentioned in its FAQ that until 2006 the notes printed by RBI was once in serial numbers. All these notes was once prefixed with numbers and letters together with the serial quantity. This observe is issued in a packet of 100 items. Star collection system was adopted for reprinting of broken notes. Star collection notes are as legally legitimate as regular foreign money notes. There may be additionally a star image between the prefix and the quantity in its quantity panel.