mattanchery sarvajanik

POSITIVE PAY SYSTEM (PPS)

          

POSITIVE PAY SYSTEM (PPS)

For CTS

STEP 1 - ENTER YOUR MOBILE NUMBER REGISTERED WITH MSC BANK

Dear Customer, ensure to enter only your registered mobile number with MSC bank account for the given cheque. Otherwise the details give shall not be accepted by the bank as PPS and the Cheque shall not be cleared as per RBI guidelines.






NOTES:-

1, As per the above cited RBI circular PPS submission is mandatory for cheque clearance. If you have issued cheques for above Rs. 99999/- to any submit your PPS immediately. Offline PPS form is also available in our Bank. Please feel free to contact any Branch for submission.

2, RBI/2020-21/41 DPSS.CO.RPPD.No.309/04.07.005/2020-21 Dated 25/09/2020 on Positive Pay System for Cheque Truncation System