RBI Extends Deadline For New Cheque Format Till March 2013:
As per RBI guidelines the old cheque books are going to invalid from coming January. But recently RBI has provided a relief by declaring the extension of the deadline by 3 months further.
Now the account holders of that bank can use their existing bank cheque books till March 2013. Although almost all the Banks are working hard to meet the earlier deadline of 31st December 2012 for the new CTS (Cheque Truncation System) 2012.
Right now banks are issuing only multi-city or payable cheque book to customers at par CTS-2010 standard.
As per RBI guidelines the old cheque books are going to invalid from coming January. But recently RBI has provided a relief by declaring the extension of the deadline by 3 months further.
Now the account holders of that bank can use their existing bank cheque books till March 2013. Although almost all the Banks are working hard to meet the earlier deadline of 31st December 2012 for the new CTS (Cheque Truncation System) 2012.
Right now banks are issuing only multi-city or payable cheque book to customers at par CTS-2010 standard.
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Dear Sir, We are a cheque printing software company, with the new format to be in place by 1st april13,
ReplyDeletewe plan to make available a simple version @499/-
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