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Same Day Cheque Clearing RBI norms: New rule for HDFC Bank customers from Oct 4 – What is it, how will it impact payments | Explained

Same Day Cheque Clearing Rule: Aligning with the Reserve Bank of India’s (RBI) new guidelines on quick clearing and settlement of cheques, HDFC Bank has announced that starting October 4, 2025, ...
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Same-Day cheque Clearing: Cheque will be cleared within 3 hours from this day, a major relief for customers with RBI's new system.

In fact, the Reserve Bank is implementing cheque clearance in two phases. The first phase, which began on October 4th, will allow cheques deposited in the morning to be cleared within a single day.
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NPCI flags initial hiccups in continuous cheque clearing rollout

National Payments Corporation of India (NPCI) has said that cheque clearing under the continuous clearing system is largely stable, though minor delays and teething issues still persist in the central ...