RBI LIC. NO.: 04/01/1975 No. 52 P Registration NO.: 03/08/1972 No. 1557 Y

RBI LIC. NO.: 04/01/1975 No. 52 P Registration NO.: 03/08/1972 No. 1557 Y

Rupay-Offers Account Login

Positive Pay System

  • In a bid to check banking fraud, the Reserve Bank of India had decided to introduce the ‘positive pay system’ for cheque from 01 Jan 2021, under which re-confirmation of key details may be needed for payments beyond Rs 50,000.