NPCI acknowledged minor teething points in its new Cheque Truncation System – Steady Clearing, which started on October 4, 2025. Since then, 2.56 crore cheques price over ₹3.01 lakh crore have been processed, and all devices offered for clearing have acquired affirmation.
The Nationwide Funds Company of India (NPCI) mentioned some teething points proceed to be noticed within the “Cheque Truncation System (CTS) – Steady Clearing” methods and processes on the central system in addition to at some banks.
The umbrella entity, which is chargeable for working retail funds and settlement methods in India, in a press release emphasised that efforts are ongoing to handle the remaining challenges and to make sure that all cheques offered are paid on the identical day.
“We observe that some prospects confronted delays within the preliminary days as a result of delays within the clearing course of. We remorse the inconvenience brought about as a result of these delays.
“We stay dedicated to making sure a clean cheque clearing expertise and admire your continued assist and understanding in transitioning to Steady Clearing,” NPCI mentioned.
Hundreds of thousands of cheques cleared efficiently
From October 4, 2025, until date, NPCI have facilitated optimistic clearance of two.56 crore devices amounting to over ₹3,01,000 crore via the central system, per knowledge shared by the Company.
As of date, each instrument offered for clearing by banks has been cleared, and optimistic/adverse affirmation has been supplied, NPCI mentioned.
Additional, Banks have been suggested to credit score the purchasers’ accounts for the positively confirmed cheques.
The Reserve Financial institution on August 13, 2025, introduced the transition of the Cheque Truncation System (CTS) from batch processing to steady clearing with settlement on realisation. The shift is being carried out in two phases—Section 1 on October 4, 2025 and Section 2 on January 3, 2026.
Printed on October 23, 2025
