We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar.

CTS 2010 FAQ & Cheques Validity Date

Reserve Bank of India has issued guidelines on standardisation and enhancement of security features for cheque leaves referred to as CTS-2010. These features are aimed at enhancing customer safety and facilitating easier processing of cheques. You can read more about CTS 2010 here.

RBI has advised all banks to issue only multi-city/payable at par CTS-2010 standard cheques and withdraw Non-CTS-2010 standard cheques by July 31, 2013.

For your convenience, we have listed down few frequently asked questions which will help you identify if your existing cheque book is compliant with the CTS-2010 standards.

FREQUENTLY ASKED QUESTIONS

Q1: How do I know if my present cheque book is ‘CTS-2010‘ standard compliant?
A: CTS-2010 standard cheques will have letters ‘CTS-2010‘ printed vertically on the cheque leaf (near the perforation on the left side) as shown in the image below.

CTS 2010 cheque identification

Q2: My cheque book is CTS-2010 standard compliant. What do I have to do?
A: You can continue to use the same and there is no further action required.

Q3: My cheque book is not CTS-2010 standard compliant. Can I continue to use it?
A: As per RBI guidelines, Non-CTS-2010 standard compliant cheques will be accepted for clearing up to July 31, 2013. Therefore, we recommend you to replace your Non-CTS-2010 cheque book with a new cheque book at the earliest.

Q4: How do I order a CTS-2010 standard compliant cheque book?
A: You can place a request for a new cheque book through our ATMs, Internet Banking, Mobile Banking, 24-hour Customer Care  or at any Bank branch.

Q5: I have issued Non-CTS-2010 standard post dated cheques (PDCs) for repayment of my loan. What do I have to do?
A: You are advised to convert these into Auto Debit or Electronic Clearing Service (ECS) instructions (at locations where ECS/RECS facility is available) OR You can replace the existing Non-CTS-2010 standard PDCs with CTS-2010 cheques (at locations where ECS/RECS facility is not available).

Most Visited Stocks - Click to Visit Link

SEE WHAT OUR SUBSCRIBERS SAY !!

"First off all, I just want to say that your service is excellent – by far the best tips service I have encountered and quality of your Jackpot tips is really good and noticed that now I am getting daily profit. I can say that it makes a difference to choose the correct tips provider and it was my luck that I stumbled on your website."

- Rajesh

WELCOME TO SMART INVESTOR FAMILY

We Compliment you for becoming a part of mega family of more than 12 Lakh Smart Traders who are getting benefitted with our services worldwide. We assure You that we will deliver more than what we promise. Do remember to leave questions and Feedback. Your Success is Guaranteed with us!

You can Contact us through Contact Box provided on website or You can call us at 09041060460 or Email at info@indian-share-tips.com. You can make Online Payment through Payment Gateway installed on the website as we offer you the highest standard of security currently available on the Net so as to ensure that your online transaction is Private, Safe and Secure.

 
We Teach and Train our Clients First Before Joining as we want to make sure that clients trade in market as a thorough professional. Charges if any being paid by you are for the teaching and training and Trade Ideas given are provided free with the teaching and training and we do not charge any amount for it. If you can not join the seminar; you can learn from us via mobile and email. Your Joining with us is purely for educational purpose. Your joining is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad Seminar. Call Now at 09358493584.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9