CTS - Cheque Truncation System
Secure image-based cheque clearing process replacing physical paper movements with electronic images.
Why Choose Parshwanath?
Safe & Secure Deposits
Your hard-earned savings are fully insured up to ₹5 Lakhs by DICGC. Experience peace of mind with our secure deposit options.
- DICGC Insured up to ₹5 Lakhs
- Absolute transparency & trust
Attractive Rates
Earn competitive interest rates on your deposits, helping your money grow steadily over time.
Special Benefits
Senior citizens, widows, and ex-army personnel enjoy an extra 0.50% interest rate benefit on deposits.
Flexible tenures
Choose from a wide range of tenures starting from 7 days up to multiple years to suit your financial goals.
Calculated Choices.
Estimate your returns before investing. Use our deposit interest calculator to plan your growth effectively.
Start CalculatingKey Features & Options
Cheque Truncation System (CTS) speeds up the collection of cheques, reduces the scope for loss of transit instruments, and integrates clearing operations smoothly.
- Cheque Truncation System standard compliant
- Electronic image transmission
- Faster clearing cycle times
- Reduced clearing risks
Hassle-Free Process
Enjoy a fast, secure, and transparent application process with minimal documentation and dedicated support from our branch relationship experts.
Documents & Eligibility
Ensure a smooth application by having the following standard documentation ready:
-
01
All savings and current account holders possessing CTS compliant cheques.
All savings and current account holders possessing CTS compliant cheques.
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02
CTS compliant cheque leaves issued by the bank.
CTS compliant cheque leaves issued by the bank.
Savings Calculator | बचत कॅल्क्युलेटर
Estimate your deposit maturity payout in real-time below.
Ready to Start Your Application?
Our branch relationship managers are ready to guide you through a smooth, secure, and hassle-free experience.