Depositing the Cheque of other Banks (Outward Clearing)

Eligibility Criteria:

– Cheque should have a value of Rs. 100,000 and above.
– Cheque must be drawn on a bank which processes it’s same-day clearing centrally or
– Cheque should be drawn on a branch that is registered to accept same-day clearing instruments.

Deposit time:

– Cheque for same-day clearing must be deposited in account by 9:15 AM or a day earlier.

Clearing Charges:

– Rs. 300 + TAX

Cheque drawn on Telenor Microfinance Bank (Inward Clearing)

Eligibility Criteria:

– Cheque should have a value of Rs. 100,000 and above
– Cheque must be drawn on any Telenor Microfinance Bank branch
– Cheque must be presented through a bank/branch which is registered in same-day clearing process.

Clearing Charges:

– NIL

(Note: Cheque clearing process is run from Monday to Friday)

Same Day Cheque Clearing

For list of all Same-Day clearing branches, please click here