Positive Pay
What is Positive Pay?
Positive Pay is a fraud prevention system mandated by RBI for cheques of ₹50,000 and above. The issuer provides key cheque details electronically, which are cross-verified before clearing.
Details Required for Submission
Account Number
Cheque Number
Cheque Date
Payee Name
Amount
Transaction Code
How to Submit
Mobile Banking App
Go to Services → Positive Pay → Enter cheque details → Submit.
Visit Branch
Fill the Positive Pay mandate form and submit at your branch before issuing the cheque.
Important
Submit Positive Pay details before the cheque is presented for clearing. Cheques without Positive Pay confirmation for amounts of ₹50,000 or more may be returned unpaid.