Advice
Friday, 22 March 2013
Saturday, 2 March 2013
CTS 2010 Standard Cheque
Cheque Truncation System (CTS) or Image-based Clearing System (ICS), in India, is a project undertaken by the Reserve Bank of India – RBI, for faster clearing of cheques.CTS is basically an online image-based cheque clearing system where cheque images are captured at the collecting bank branch and transmitted electronically.
- Branch address with IFSC code printed top of the cheque
- Date in dd/mm/yyyy format with boxes
- Printers name with CTS-2010 in left side of cheque
- A pantograph which shows VOID/COPY while taking photocopy of the cheque below the account number
- New rupee symbol instead of bilingual format
- “Please sign above” is mentioned on bottom right of the cheque
- Watermark “CTS INDIA” to be visible cheque is held against any light.
- Ultra Violet logo of Bank printed at upper left corner of cheque to be visible in UV lamps
How does CTS 2010 affect customers
- If you have issued post-dated cheques (PDCs)(say for your home or auto loan EMIs), you will have to issue fresh cheques.
- If you have opted for the ECS (electronic clearing system) mode the new system will not impact you.
- For issuing cheque after Mar 31 2013 you need cheques which are CTS-2010 compliant.
Saturday, 16 February 2013
Maruti Susuki Wagon R
New WagonR 2013 |
Maruti Suzuki Wagon R- Maruti Suzuki launched the 2013 version of the Wagon R on the 15th of January, 2013 with many changes to both the interiors and the exteriors. We now see the face lifted Wagon R with a re-designed front fascia which includes a new smaller grille with a single horizontal slat replacing the regular two slats given on the outgoing version. The air dam too has been increased in dimensions and the fog lamps are now differently placed, making the front fascia look more matured. The interiors have also gone under the scalpel, coming out a bit more refined and tasteful. The 2013 Wagon R gets a dual-tone dashboard in beige and black along with an upgraded audio system in the high-end variants . Additionally the rear view mirror now features the day-night option. (Source : www.cardekho.com)
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