|CURRENT ACCOUNT |
1 All deposits to current accounts should ordinarily be accompanied by paying-in-slips which are supplied to
Separate paying-in-slips should be used for deposit of
b. cheques on outstation branches/banks and
3 Customers are required to cross cheques deposited for the credit of their accounts before handing them over for collection.
4 A remittance for credit of an account can be made by letter under special circumstances. The remitter should indicate the account number and name, for which the credit is intended.
Issue of Cheque Book
a Cheques must be drawn on Bank’s printed cheque forms only, supplied by the Bank. The Bank reserves the right to refuse payment of cheques drawn otherwise.
b An application for cheque book must be made personally in writing on the printed requisition form supplied with each book. Cheque books will be issued at a cost computed at Rs.2 per cheque leaf .
c When a cheque book is required to be sent by post, it will be sent by registered post at the cost and the responsibility of the account holder.
d It is the responsibility of the depositor to ensure safe custody of the cheque book supplied to him/her and that cheque leaves are not stolen or mislaid or fraudulently used.
e The Bank may, at its sole discretion, reject any request for issue of more than one cheque book at a time, unless sufficient reason is shown for such request.
f The Bank may, at its sole discretion, reject any request for issue of cheque book if minimum balance are not maintained or frequent return of cheques for the reason insufficient funds.