Positive Pay

The concept of Positive Pay involves a process of reconfirming key details of large value cheques. Under this process, the issuer of the cheque submits electronically certain minimum details of that cheque (like date, name of the beneficiary/payee, amount, etc.) to the drawee bank, details of which are cross checked with the presented cheque by Cheque Truncation System (CTS). Any error is flagged by CTS to the drawee bank and presenting bank, who would take redressal measures. Please click here to view the detailed circular.


This service has been enabled on our Internet Banking and mobile apps.


These services can be accessed through the below Digital Channels


iMobile- Services>Cheque Book services menu


Internet Banking - Service Request>Bank Account>Cheque Book/DD Related


InstaBIZ-More>Services>Current Account Services>Cheque Services


Corporate Internet Banking-Services>General Banking>



Terms and Conditions apply.