Overview

To safeguard your hard-earned money against cheque frauds, as per RBI guidelines, Bank has introduced Positive Pay System for cheques of Rs. 5.00 lakhs and above. Through Positive Pay, cheques will be processed for payment, based on information passed on by you at the time of issuance of cheque.

Eligibility

Our bank Cheque holder customers

Features

• Cheques above Rs. 5.00 lakhs to be mandatorily informed to the home branch

Benefits

• To overcome the cheque based fraudulent transactions

PPS Timing

• Details of issued cheques to be informed to home branch at least 24 hours before the cheque is presented in clearing

Rates & Charges

NIL

How to give PPS confirmation?

By submitting request for PPS confirmation at Home Branch in the prescribed format.
Please contact your nearest DCCB Kakinada branch for utilizing this facility.