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Expressway Scheme
We have introduced Expressway Scheme tailored to suit the needs of our customer, both   individual and orgainsations.

Expressway scheme is a scheme for speedy collection of outstation cheques among the  designated centres. The scheme envisages collection of cheques within SIX working days.  The scheme is operation in our Bank since 6th November 1995 and is in vogue in the following centres:


1.Chennai      

2. Delhi 3. Mumbai        4. Ahmedabad
5. Bangalore  6. Coimbatore 7. Hyderabad  8. Madurai
9. Trichy   10. Baroda 11. Pune   12. Salem
13. Surat      

The scheme operates using the services of accredited courier and Centralised Clearing  System.

Service Charges

For collection of cheques through Expressway scheme, apart from normal collection charges  the following charges shall be levied in lieu of out of pocket expenses.

  •  For instruments upto Rs.1,000 - NIL
  •  For instruments above Rs.1,000 upto Rs.5,000 - Rs.5 per instrument
  •  For Instruments above Rs.5,000 upto Rs.50,000 - Rs.10 per instrument
  •  For instruments above Rs.50,000 - Rs.20 per instrument

Last Updated June 10, 2003


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