NPCI acknowledged minor teething issues in its new Cheque Truncation System – Continuous Clearing, which began on October 4, 2025. Since then, 2.56 crore cheques worth over ₹3.01 lakh crore have been processed, and all instruments presented for clearing have received confirmation.
The National Payments Corporation of India (NPCI) said some teething issues continue to be observed in the “Cheque Truncation System (CTS) – Continuous Clearing” systems and processes at the central system as well as at some banks.
The umbrella entity, which is responsible for operating retail payments and settlement systems in India, in a statement emphasised that efforts are ongoing to address the remaining challenges and to ensure that all cheques presented are paid on the same day.
“We note that some customers faced delays in the initial days due to delays in the clearing process. We regret the inconvenience caused due to these delays.
“We remain committed to ensuring a smooth cheque clearing experience and appreciate your continued support and understanding in transitioning to Continuous Clearing,” NPCI said.
Millions of cheques cleared successfully
From October 4, 2025, till date, NPCI have facilitated positive clearance of 2.56 crore instruments amounting to over ₹3,01,000 crore through the central system, per data shared by the Corporation.
As of date, every instrument presented for clearing by banks has been cleared, and positive/negative confirmation has been provided, NPCI said.
Further, Banks have been advised to credit the customers’ accounts for the positively confirmed cheques.
The Reserve Bank on August 13, 2025, announced the transition of the Cheque Truncation System (CTS) from batch processing to continuous clearing with settlement on realisation. The shift is being implemented in two phases—Phase 1 on October 4, 2025 and Phase 2 on January 3, 2026.
Published on October 23, 2025
