Message regarding alterations on Cheque leaf

All banks have received RBI guidelines by virtue of which Banks are supposed to prohibit alterations / corrections on the cheque leaf.

As per RBI Circular – DPSS.CO.CHD.No. 1832/01.07.05/2009-10 dated 22nd February 2010.

Prohibiting alterations / corrections on cheques :

No changes / corrections should be carried out on the cheques (other than for date validation purposes, if required). For any change in the payee’s name, courtesy amount (amount in figures) or legal amount (amount in words), etc., fresh cheque forms should be used by customers. This would help banks to identify and control fraudulent alterations.

Basis the above guidelines branch / clearing teams can return cheques which have any alteration in the

  • Payee Name
  • Amount in numbers
  • Amount in words

The only alteration which is allowed is the alteration in the date.

Bank branches will start returning the cheques for cash payments across the counter and Fund Transfer and clearing cheques effective 1st July 2010.

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