1448 Views

What is CTS compliant demand draft. And how to get it sir .plz tell me for comedk


Akash Gupta 30th Jun, 2019
Answer (1)
nishant sharma 12th Jul, 2020

Hello Akash,

CTS demand draft refers to  cheque truncation system i.e used for fast cheques clearing. It is based on a cheque truncation or online image based where  cheque images and magnetic ink character recognition (MICR) data are captured at the collecting bank branch and transmitted.

For this you have to visit your bank and ask them to provide with that. Every bank has different process .

Hope it will help!


Top 50 B.Tech Colleges in Karnataka

Aspiring B.Tech students in Karnataka can explore the top 50 colleges in this e-book. It includes rankings, courses offered, fees, and entrance exams for each institute.

Check Now

Know More About

Related Questions

Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
UPES B.Tech Admissions 2025
Apply
Ranked #42 among Engineering colleges in India by NIRF | Highest Package 1.3 CR , 100% Placements | Last Date to Apply: 31st August | Admissions Cl...
Shoolini University Admission...
Apply
NAAC A+ Grade | Ranked No.1 Private University in India (QS World University Rankings 2025)
GD Goenka University B.Tech A...
Apply
Highest CTC 10 LPA | Delhi NCR's Top Multidisciplinary University
Jigyasa University - B.Tech A...
Apply
200+ Recruiters
Manav Rachna-B.Tech Admission...
Apply
NAAC A++ Grade | NBA Accredited B.Tech programs | 41000+ Alumni network | Students from over 20 countries
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books