From Oct 4, 2025 – Cheques will be cleared the same day, money by 7 PM.
From Jan 3, 2026 – Money in your account within 4 hours of deposit.
No more next-day wait for many cheques.
The RBI will introduce a new mechanism for cheque clearance
From Oct 4, 2025 – Cheques will be cleared the same day, money by 7 PM.
From Jan 3, 2026 – Money in your account within 4 hours of deposit.
No more next-day wait for many cheques.