The Reserve Bank of India (RBI) clarified that a banknote with a star (*) symbol is the same as other legal banknotes except that in the number panel, a star symbol is added between the prefix and the serial number.
This news published in Money Control website. According to that, The star symbol is an identifier that it is a replaced or reprinted banknote, the RBI said in a press release. The clarification came in the backdrop of discussions on social media on the validity of banknotes with a star symbol.
The star symbol is inserted in the number panel of a banknote that is used as a replacement for defectively printed banknotes in a packet of 100 pieces of serially numbered currency notes, the central bank said.
The Bank adopted the star series numbering system for replacement of defectively printed notes in a packet of 100 pieces of serially numbered banknotes.
The star series are similar to the other notes but have an additional character, a star, in the number panel in the space between the prefix and the serial number.