CTS (Cheque Truncation System) is a Cheque Clearing System Undertaken by the Reserve Bank of India (RBI) for Faster Clearing of Cheque.
Shree Mahuva Nagrik Sahakari Bank Ltd. Enabled in CTS Clearing from Year 2017.
Note:: As Per R.B.I Circular w.e.f 01st January 2021 Positive Pay System was Established in Cheque Clearing If Customer Gives ₹ 5,00,000.00 or More Amount Cheque to Any One than They Must Need to Give Following Information to Bank at Their Nearest Branch.
- 1. Customers Account Number
- 2. Cheque Number
- 3. Amount of Cheque
- 4. Date of Cheque
- 5. Payee name
- 6. Transection Code
For More Details Please Contact Your Nearest Branch or Call at 02844-222408.