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Dear Customer,
As per RBI directives on Positive Payment System (PPS), it is required to pre-register in PPS all cheques for Rs.5 lacs and above, prior to issuing the cheque to the beneficiary. Effective 1 Jul 2021, all cheques valued Rs 1 crore and above that are not pre-registered in PPS will be returned unpaid. Contact branch / use net banking / mobile banking for registering the details.
With regards,
Karur Vysya Bank