No Plans To Withdraw Cheque Books: Govt

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The finance ministry said there is no proposal to withdraw the bank cheque book facility as part of the exercise to promote digital transaction.

The clarification comes in the backdrop of reports in a certain section of media that there is a possibility that the central government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. Govt May Withdraw Bank Cheque Facility To Push Digital Transactions

No Plans To Withdraw Cheque Books: Govt

This has been denied by the government and reaffirmed that there's no such proposal, it said in tweets. 

"The Government of India has reaffirmed that there is NO proposal under consideration to withdraw the bank Cheque Book facility," said one of the tweets.

Post demonetization, the government has been pushing digital transaction with an aim to move towards less cash society. Watch Out For The Hidden Bank Charges You Are Paying Now

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Read more about: cheque, digital
Story first published: Friday, November 24, 2017, 12:24 [IST]
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