Banks advised to Credit Customers’ A/C For Positively Confirmed Cheques; facilitated positive clearance of 2.56 crore instruments amounting to over Rs. 3,01,000 crore through the central system.
FinTech BizNews Service
Mumbai, October 23, 2025: From October 4, 2025, till date, the National Payments Corporation of India (NPCI) has facilitated positive clearance of 2.56 crore instruments amounting to over Rs. 3,01,000 crore through the central system.
As per a statement issued today by the NPCI, as on date every instrument that was presented for clearing by banks have been cleared and positive / negative confirmation provided. Banks have been advised to credit the customers’ account for the positively confirmed cheques.
While most issues have been resolved, some teething issues continue to be observed in the systems and processes at the central system as well as at some banks. Efforts are ongoing to address the remaining challenges and to ensure that all cheques presented are paid on the same day.
"We note that some customers faced delays in the initial days due to delays in the clearing process. We regret the inconvenience caused due to these delays. We remain committed to ensuring a smooth cheque clearing experience," added the NPCI.
