Alteration of cheque

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2011 Plz specify the latest amendment as per RBI guidelines in alteration of Cheques

31 December 2011 NO ALTERATION IN CHEQUES AFTER 1st JULY, 2010

RBI has issued RBI Circular No. “ DPSS.CO.CHD. No. 1832/01.07.05/ 2009-10 dated 22nd February 2010 by virtue of which Banks are supposed to prohibit alterations / corrections on the cheque leaf.


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