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20160705

RBI guidelines for writing Lakh on cheque and not lac

RBI

Image Reference -  By Kolkatan (Own work) [CC BY-SA 3.0], via Wikimedia Commons

Source -Whats app msg
Verification - Yet not verified, if true or false

✅Important Information✅

As per new guideline given by RBI 
spelling should be written in LAKH not LAC on cheque.

Please note
Very important information.


UPDATE : - 

No link found on web assuring this news.
However all websites of RBI use the word "LAKH" and not "LAC"
So better to write LAKH on cheque.
Prevention is always better than cure.

Link confirming this news as true
Twitter

Link confirming this news as fake
SMS Hoax Slayer

6 comments:

Anonymous said...

PLZ SHARE MASTER COPY OF GUIDE LINE...

xyz abc said...

Checked net.

But could not find link

May be , need to verify at RBI Helpline number

xyz abc said...

RBI Helpline Number links given here

http://www.bankifscnumbers.com/rbi-customer-care-number-reserve-bank-of-india/

Prasad Shirodkar said...

Where Is circuler??????????????????????????

Anonymous said...

Hi Prasad,

I just got Whats app message, no circular found.

However below is a link by Mr. Vaidya
https://twitter.com/rvaidya2000/status/749105772701716481

People can come in trouble under section 138 of NI Act if "lacs" used instead of "LAKH"

Hope this helps

Prakash Boda said...

Even RBI pages contains lacs. Search in below page.
https://m.rbi.org.in//scripts/NotificationUser.aspx?Id=369