Section 7 in Reserve Bank of India (Note Refund) Rules, 2009
7. Imperfect note.
- The value of an imperfect note may be paid for full value/half value as specified in the tables given in rule 8, if-,(a)the matter, which is printed on the note has not become totally illegible , and(b)the Prescribed Officer is satisfied, having regard to the printed matter which is legible on the note, that it is a genuine note.
