Page 3 Cheque: Latest News and Updates, Top Stories, Videos, Photos About Cheque

Cheque Bouncing And Other Financial Offences To Be Decriminalised

In Budget 2020, the finance minsiter Nirmala Sitharaman had notified the intent of the centre of decriminalizing various laws and accordingly measures in the direction have been carried out for classifying them as civil. Also, the minister reiterated the centre's will ...

Now Faster, Safer Cheque Clearing: RBI To Roll Out PAN India CTS

As against CTS or cheque truncation system currently functional in only some of the major clearing houses, the RBI has decided to launch it on a pan-India basis from September 2020. The move will fasten the process of cheque clearing while ...

Why You Should Be Careful While Writing Dates On Cheques In 2020?

It's very important to be careful when writing the dates on cheques or other important documents in 2020, as we must take precaution to write in the full format. For example, we should write 31/01/2020 and not as 31/01/20, as anyone ...

Deposit Cheque Of Any Amount In Your Small Savings A/c At Non-Home Post Office Branch

Acting upon the complaint of several investors in small savings scheme of the post office, the department of Post via its order dated December 2, 2019 has notified that investors can now deposit a cheque of any amount into their small ...

Non-CTS Cheques To Become Invalid From January 1

No longer will you be able to use non-CTS cheques and SBI customers will not be able to do so from December 12, while other bank customers will not be able to use non-CTS cheques from January 1. CTS stands for ...

Now ATMs To Encash Cheque And That Too In 1 Minute

NCR Corporation, developer of automated teller machine, has now come up with a one of its kind machine that will perform functions similar to a teller at the bank and to your surprise can even encash cheque in a minute's time. ...

How To Get Cheque Book By Calling Customer Care of the Bank?

Cheque is a considered as the traditional payment method. The cheque payment method employs the use of a paper document to make a payment transaction. From the past itself cheques are trusted form of making payments as only the recipient named ...

No Plans To Withdraw Cheque Books: Govt

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 ...

Salaries Via Cheques Or E-Mode, Prez Gives Nod To Law

The central and state governments can now specify industrial units and other establishments which will have to pay wages either through cheques or by electronically transferring into the workers' bank accounts, as per a new law. President Pranab Mukherjee has recently ...

Watch Out For The Hidden Bank Charges You Are Paying Now

Life has become more convenient with the new age banking and its tools. But this convenience comes with a lot costs in terms of hidden charges. For using ATMs to depositing cash banks are charging customers for various reasons. Banks quietly ...

How Long Does It Take For An Outstation Cheque To Clear?

These days, we do not hear too much of outstation cheques. In fact, they are hardly in vogue in the major cities, as individuals tend to remit through NEFT, Bank drafts and RTGS. However, nothing can be eliminated completely and ...

What Happens When Cheques Bounce And ECS Mandate Fails?

It is highly possible that you have given an ECS mandate and at times may have forgotten to maintain a balance. Did you know that banks can close an account, if you have given a failed ECS mandate for a certain ...

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