The Reserve Bank of India (RBI) prints all currency notes except the one-rupee note. Every year, the number of notes printed depends on the needs of the economy. Each currency note has a unique number that serves as its distinct identity.
Some notes with special serial numbers attract people, who either keep them as a hobby or buy them for collection purposes. Among these, “Star Series” notes hold particular significance. Recently, the RBI has issued new guidelines for star notes in denominations of ₹10, ₹20, ₹100, and ₹500. Let’s understand more about this.
Why are star notes issued?
Incorrectly printed currency notes are now replaced with properly printed notes marked with a star symbol. Instead of a serial number, these notes feature the star mark. The Reserve Bank of India (RBI) has explained that whenever a misprinted note is found in a bundle, it is replaced with a correctly printed note bearing the star symbol.
This process ensures the quality of the currency and prevents any errors. Notes with the star symbol are completely valid and can be used without hesitation. RBI has clarified that these notes are legally valid, so people can use them confidently in transactions.
RBI’s Statement on Star Marked Notes
Recently, several posts and messages surfaced on social media expressing concerns about the validity of star-marked currency notes. These messages raised doubts, questioning whether such notes are considered valid or not. Addressing these concerns, the Reserve Bank of India (RBI) has issued a clear statement.
The RBI clarified that star-marked notes are entirely valid and can be used in circulation just like regular notes. The star symbol on these notes indicates that they have undergone certain modifications or have been reprinted. The central bank also emphasized that there is no need for hesitation or doubt regarding these notes, as they are legally recognized and fully authorized for use.
