This is with reference to RBI circular DPSS.CO.CHD.No. 399 / 04.07.05 / 2012-13 dated September 3rd, 2012 on Cheque Truncation System (CTS 2010).
There have been certain changes made to the cheques issued by the Banks in order to facilitate clearing under CTS. These changes are available only in cheque books issued by your banker after August 2011.
If you have obtained the cheque book prior to this, the cheques will not be valid after July 31st 2013 for clearing. You are therefore requested to swap new CTS compliant cheque against existing non CTS compliant cheques or you can also swap your Repayment mode to ECS by visiting our nearest branch. We will appreciate if you can swap repayment before July 15 2013.
Pls note, you need to check whether CTS-2010 is specified on the left hand side of the cheque which is an indication of cheque being CTS compliant.Click here to refer the RBI circular.
For further assistance contact us:
E-mail ID: firstname.lastname@example.org
Toll Free number: 1800 200 3838
You can also visit our nearest branch between 9.30 am – 5.30 pm
(Monday-Sunday) (Except Public holidays and 2nd & 4th Saturdays)
For nearest branch address refer: www.reliancecommercialfinance.com
Caution Against Fictitious Offers
It has come to the notice of the Company that certain individuals / entities are acting as representatives of the company. They are offering loan products at 0% interest / Lower interest / Special interest rates and stating that as Company is coming up with its own bank & wants to create the customer base. Also, they are insisting to pay premium of Life Insurance Policy.
However, we wish to inform that Reliance Capital Limited – Commercial Finance Division cautions members of the public that does not offer loan products at 0% interest / Lower interest / Special interest rates and also does not offer / market life insurance policies.
We wish to inform you that we do offer various loan products like mortgage loan, vehicle loan, SME loan, Gold Loan etc. suitable to your requirement, however a competitive interest rate is charged. For further details on our products, please visit the product section available on our website or visit our branch offices or call us at our toll free number i.e. 1800 200 3838 between 9:30am to 5:30pm (except Sundays, 2nd & 4th Saturdays and public holidays)