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Cheque books News

30 Mar 2021

Alert! THESE 7 merged banks to see cheque book changes from April 1

These banks are those whose mergers with other banks took effect from April 1, 2019, and April 1, 2020, and their names include Dena Bank, Vijaya Bank, Corporation Bank, Andhra Bank, Oriental Bank of Commerce, United Bank and Allahabad Bank. Dena and Vijaya Bank were merged with Bank of Baroda with effect from April 1, 2019. Oriental Bank of Commerce and United Bank of India were merged with Punjab National Bank (PNB). Syndicate Bank merged with Canara Bank, Andhra Bank and Corporation Bank merged with Union Bank of India, and Allahabad Bank merged with Indian Bank.

15 Mar 2021

Alert! Cheque books of THESE 7 banks will be invalid from April 1

If a customer has an account in any of these 7 banks, then quickly check for a new cheque book and IFSC code. Dena Bank and Vijaya Bank have merged with Bank of Baroda on April 1, 2019. From April 1, only cheque books and passbooks of Bank of Baroda will run in them.

digital transactions

24 Nov 2017

No proposal to withdraw cheque book facility: Finance Ministry

Media reports had earlier said that the central government may withdraw bank cheque book facility in the near future to encourage digital transactions.

digital transactions

21 Nov 2017

Modi government planning to ban Cheque books to push digital transaction?

The government has been pushing for a less-cash economy and promoting digital transactions, especially post- demonetisation of high value currency in November last year.

03 Apr 2017

SBI hikes minimum balance for savings a/c, other charges

SBI has started charging more from its millions of account holders, including those of the 6 lenders merged with it this month, for not maintaining minimum balance as well as for services like cheque books and lockers.

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