As per RBI Guidelines on 'Standardisation and Enhancement of Security Features in Cheque Forms' banks have been advised to issue only 'CTS 2010 Standard' cheques to their account holders.
RBI vide its circular dated September 3, 2012 has now advised Banks to withdraw non-CTS 2010 standards cheques in circulation before December 31,2012.
Reserve bank of India standardize and increase the security features of the cheque book. This is called CTS 2010 Standard Cheques. This include quality of paper, ink, bank logo and pantograph etc. If the cheques you currently hold have the following features, they will be valid after the given date.
How to identify a CTS '2010' compliant cheque
1. Bank’s logo printed with invisible ink
2. Void pantograph
3. Cheque printer details/CTS- 2010
4. Rupee symbol
5. Signature Space Indicator
Update Jan 2013
Extension on RBI notifications about CTS
(Cheque Truncation System ) 2010 Standards on cheque stationery
This is in continuation to our email dated 10.12.2012 regarding RBI notifications on CTS (Cheque Truncation System) 2010 Standards on cheque stationery. As per the circular dated 14.12.2012 received from RBI, the CTS 2010 standard Cheques will now be mandatory from 01.04.2013 instead of 01.01.2013.
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