CTS 2010 Migration: Final Deadline Extended to March 31, 2013
Current · Source: Reserve Bank of India · RBI/2012-13/343 · issued 19 Dec 2012 · ~1 min read
Quick answerRBI has extended the deadline for UCBs to withdraw non-CTS 2010 cheques to March 31, 2013. After this final extension, residual non-compliant cheques will still be accepted but cleared less frequently. Banks must ensure full compliance by this date.
The rule, in the simplest words
All Primary (Urban) Co-operative Banks must withdraw and replace non-CTS 2010 cheques with CTS 2010 standard cheques by March 31, 2013.
After March 31, 2013, non-compliant cheques will still be accepted but cleared less frequently.
Banks must ensure full compliance with CTS 2010 standard cheques by the final deadline.
How it plays out — a real example
A co-operative bank branch officer in Indore must ensure that all non-CTS 2010 cheques are withdrawn and replaced with CTS 2010 standard cheques by March 31, 2013, to avoid operational inefficiencies in clearing and potential customer complaints.
What changed
RBI extended the deadline for replacing non-CTS 2010 cheques with CTS 2010 standard cheques to March 31, 2013, following stakeholder representations. This is the final extension; after this date, any non-compliant cheques presented will be cleared at less frequent intervals.
What it means for you
UCBs must complete the withdrawal of non-CTS 2010 cheques by March 31, 2013, or face operational inefficiencies in clearing. The less frequent clearing arrangement for residual cheques could delay fund settlements and increase customer complaints. This is a hard stop for migration.
What you must do
Ensure all non-CTS 2010 cheques are withdrawn and replaced by March 31, 2013.
Communicate the final deadline clearly to all branches and customers.
Prepare for less frequent clearing of any residual non-compliant cheques after the deadline.
Refer to earlier circulars for compliance reporting requirements.
Who it affects
All Primary (Urban) Co-operative Banks (UCBs), Customers using non-CTS 2010 cheques
❓ Common questions
What happens if we don't withdraw non-CTS 2010 cheques by March 31, 2013?
After March 31, 2013, any residual non-CTS 2010 cheques will still be accepted in the clearing system but will be cleared at less frequent intervals, leading to slower settlement.
Is this the final extension for CTS 2010 migration?
Yes, RBI has stated this is the final extension. Banks must adhere to the deadline to avoid insufficient clearing arrangements.
Which circulars are referenced in this notification?
This circular references UBD.BPD.(PCB).Cir.No.26/12.05.001/2012-13 dated December 6, 2012, and DPSS.CO.CHD.No.955/04.07.05/2012-13 dated December 14, 2012.
📜 Read the original circular — full text as issued by RBI
RBI/2012-13/343
UBD.BPD.(PCB).Cir.No.29 /12.05.001 /2012-13
December 19, 2012
The Chief Executive Officer,
All Primary (Urban) Co-operative Banks.
Dear Sir/ Madam,
Migrating to CTS 2010 standard - Submission of compliance report
Please refer to our circulars UBD.BPD.(PCB).Cir.No.26/12.05.001/2012-13 dated December 06, 2012 and circular DPSS.CO.CHD.No.955/04.07.05/2012-13 dated December 14, 2012 issued by our Department of Payment and Settlement System, Central Office under section 18 of the Payment and Settlement System Act, 2007 (Act 51 of 2007).
2. Taking into consideration the representations received from stakeholders, the time limit for withdrawal/ replacement of non-CTS 2010 Standard cheques with CTS 2010 Standard cheques has been extended up to March 31, 2013. However, it may be noted that the residual non CTS 2010 Standard cheques that get presented in the clearing system beyond this extended period will continue to be accepted for the clearing but will be cleared at less frequent intervals.
3. You are therefore, advised to ensure withdrawal of non CTS- 2010 Standard cheques within the extended time limit i.e by March 31, 2013. Please note that since it is final extension of time for adhering to the directions issued for migrating to CTS 2010 standard cheques, all UCBs may adhere to the same, else there will be insufficient clearing arrangement at less frequent intervals for non- CTS 2010 cheque after March 31, 2013.
Yours faithfully
(A.Udgata)
Chief General Manager - In- charge
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2012-13/343 · issued 19 Dec 2012. The plain-English explanation above is BankPulse’s own independent summary.
Communicate the final deadline clearly to all branches and customers.
⚙️ Operations
Prepare for less frequent clearing of any residual non-compliant cheques after the deadline.
📜 Compliance
Ensure all non-CTS 2010 cheques are withdrawn and replaced by March 31, 2013.
Refer to earlier circulars for compliance reporting requirements.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are a Compliance officer at a bank this circular applies to (All Primary (Urban) Co-operative Banks (UCBs), Customers using non-CTS 2010 cheques), your first concrete step on “CTS 2010 Migration: Final Deadline Extended to March 31, 2013” is: “Ensure all non-CTS 2010 cheques are withdrawn and replaced by March 31, 2013.” (RBI issued this 19 Dec 2012).
Circular: RBI/2012-13/343 -- CTS 2010 Migration: Final Deadline Extended to March 31, 2013
Issued: 19 Dec 2012
Action required: Ensure all non-CTS 2010 cheques are withdrawn and replaced by March 31, 2013.
Action required: Communicate the final deadline clearly to all branches and customers.
Action required: Prepare for less frequent clearing of any residual non-compliant cheques after the deadline.
Action required: Refer to earlier circulars for compliance reporting requirements.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=7766&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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