Lakh vs Lac in cheque: RBI’s big name, if written wrong the cheque will be returned
Lakh vs Lac in cheque: RBI’s big name, if written wrong the cheque will be returned – Advertisement – Cheque Spelling rule: Many people get confused between ‘Lakh’ and ‘Lac’ when writing the amount on a Cheque. ‘Lakh’ is part of the Indian numbering system, and according to the RBI, ‘Lakh’ should officially be used. […]
RBI’s New Rule: Same-Day Cheque Clearance from October 4
– Advertisement – RBI : If you often deposit cheques in the bank, then this news has brought relief for you. Now the era is about to end when it used to take 2 to 3 days for the cheque to be cleared. The Reserve Bank of India (RBI) has announced a big change in […]
Why Do You Sign the Back of a Cheque? The Little-Known Reason 90% of People Miss
– Advertisement – Bank Cheque: Even though online transactions have gained momentum in the digital age, the use of cheques is still common for large sums of money. Whenever you deposit a cheque in a bank, you are asked to sign the back of the cheque. Do you know why this is done? Is it […]
RBI’s New Cheque Clearing System: Now Cheques Will Be Cleared Within Hours – Know How It Works
RBI’s New Cheque Clearing System: Now Cheques Will Be Cleared Within Hours – Know How It Works – Advertisement – If you have deposited a cheque in the bank till now, then you will know that it often takes 2 days to get cleared. But now this problem is going to end. Reserve Bank of […]
HDFC Bank Rule Changes: New Guidelines on Cash Transactions & Cheque Books That Will Impact Customers’ Wallets
– Advertisement – HDFC Bank has implemented new rules for its savings and salary accounts, which may affect the pockets of small and middle class customers. From now on, the rules for cash transactions i.e. depositing and withdrawing cash in the bank have changed. Earlier, cash transactions up to Rs 2 lakh per month were […]
RBI’s New Cheque Clearing Rules from October 4: Faster Payments in Just Hours
– Advertisement – RBI Cheque Payment Rules: The Reserve Bank of India (RBI) has given relief to crores of bank customers who make payments by cheque. Till now, it takes 2 to 3 days for the money to reach the account on payment by cheque. But now this will happen in just a few hours […]
Cheque Holders Alert! Cheque bounce rule, know time limit penalty rules, know all details
Cheque Bounce Rules: If you also use Chequebook and your Cheque never gets bounced, then it is important for you to know about its rule… So let’s know. Online transactions are increasing rapidly in today’s time, but there are still many people who prefer to pay through cheques. Anyway, only Cheques are used for big […]
Cheque transaction Rules Change! Big news! This bank has changed in the rules of cheque transaction, check new rules instantly
Punjab National Bank: If your account is also in Punjab National Bank (PNB), then this news is for you. If you pay by cheque, then you will not be cheated. Yes, PNB has implemented a new system of cheque payment to save crores of customers of the bank from fraud. Now Positive Pay System (PPS) […]
Cheque Bunce New Guideline: Bug News! New rule may come to prevent Chequebounce, money will be deducted from other account
Cheque Bunce New Guideline: If you use bank cheque, then you must read this news. In fact, in order to effectively deal with the cases of check bounce, the Finance Ministry is considering several steps like deducting money from another account of the issuer of the check and prohibiting the opening of new accounts in […]
Cancel Cheque Rules: Why CANCEL CHEQUE is demanded? Know important rules related to bank account
Generally in connection with business or insurance company and banks or any other companies demand cancel Cheque from their customers. Apart from this, many companies take cancellation Cheque from their employees at the time of job. Even though we may be moving fast in this age of digital, but this tradition remains intact. In such […]
Bank of Baroda issued new rules for Cheque payment, check the new rules immediately, otherwise…
Bank of Baroda: Bank of Baroda has made some changes in its Cheque payment rules. Bank of Baroda has told its customers that from August 1, the positive pay system will be mandatory for payment of checks with an amount of Rs 5 lakh or more. In its absence the payment of Cheque can be […]
