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Home business Alert! Cheque books of THESE 7 banks will be invalid from April...
  • business

Alert! Cheque books of THESE 7 banks will be invalid from April 1

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vipulpatil40
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March 15, 2021
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    Come April 1, 2021, there will be modifications for checking account holders because the cheque books and passbooks of seven banks will change into invalid. These banks are these whose mergers with different banks took impact from April 1, 2019, and April 1, 2020, and their names are Dena Bank, Vijaya Bank, Corporation Bank, Andhra Bank, Oriental Bank of Commerce, United Bank and Allahabad Bank.

    If a buyer has an account in any of these 7 banks, then rapidly verify for a brand new cheque guide and IFSC code. 

    Dena Bank and Vijaya Bank have merged with Bank of Baroda on April 1, 2019. From April 1, solely cheque books and passbooks of Bank of Baroda will run in them. 

    Oriental Bank of Commerce and United Bank of India have merged with Punjab National Bank (PNB). Punjab National Bank has introduced that the cheque books of the 2 banks merged in it will be legitimate solely until March 31, 2021.  

    Andhra Bank and Corporation Bank account holders can now know their new IFSC codes on-line on the official web site of the banks. For this, a buyer will should go to the official web site www.unionbankofindia.co.in . After this, it’s a must to click on on amalgamation middle right here. After this, you will be capable of know the replace IFSC code. You can name the financial institution’s buyer care quantity 1800-208-2244 or 1800-425-1515 or 1800-425-3555. Or you will get data by means of SMS. For this, it’s a must to ship the message to 9223008486 by typing IFSC <OLD IFSC>.

    However, the merger interval of Syndicate Bank’s cheque guide has been saved until June 30, 2021, after the merger with Canara Bank. Apart from this, Andhra Bank and Corporation Bank have been merged with United Bank of India. The authorities has merged Allahabad Bank with Indian Bank. 

    The new guidelines will be relevant from April 1 and because of the merger, the account quantity, IFSC code, MICR code, department tackle will additionally be modified. 

    (*1*)



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