Hi All, I strongly recommed ICICI if u have an account with it to clear ur G chqs. My place has Citi Bank branch.. Chq Deposited: 5th July, 2006 10:20 AM Amount showed up in my account: 6th July, 2006 1:00 PM Amount credited to my available balance: 6th Jluy, 2006 6:00 PM I strongly recommend ICICI Bank to clear ur chqs.. Hope this helps.. Please post ur comments with ur bank.... This will surely help our fellow (Indian) members.. Regards,
Hey Amit, Thanks buddy.. Btw u got ur chq this month?? Ur right that both have Online banking, even HDFC has also got online banking, but it is not the case with HDFC, they take atleast 3 days as per my knowledge.. Regards,
Your place have CITI bank .. thats why check was cleared within 24 hours.... its normal in all banks. My place dont have citi bank branch.. I have account with icici... my check took 12 days to clear with them... but with UTI bank they took only 7 days to clear the check.. with Indian Bank they took 10 days
in my citi have citibank brach and i have diposite my check on hdfc bank with in 24 hr i also get money in my account .. that is the noramal process
toughguy what was the amount on the cheque - cuz as far as i know.. cheques with high payments get cashed in within 24 hrs .. as per bank rules (if added in high amount clearances)
Hi Rahul, If we deposit the chq before they the clearence for the day.. I think before 10 AM, they will send the chq for clearance on the same day and so we can get the money the next day morning.. I am not sure, but this is how things happen in other banks.. Regards,
Hi Rahul, It seems they send cheques which are deposited before 10 AM the same day. otherwise they send the next day.. As other friends have posted, it seems in GENERAL it takes ONLY 1 day with any bank where CITIBank is there... But it depends on when we deposit the chq and also the bank employees.. Regards,
A lot to learn from this thread.Thanx to all for such information.And the next thing I am going to do is to open an ICICI account tommorrow! Well but did you get the cheque by normal post or by express air mail?
Hi True, Thanks for posting ur comments.. Let me clear u one thing.. If u have account in any other bank then i don't think u need to open an account with ICICI especially for G cheques.. Couple of other friends said that for them also it takes 2 days to get money in to their account with other banks like HDFC, UTI, etc.. So do check ur bank before going for an account (If u have 1).. Coming to ur question you can OPT for ORDINARY or EXPRESS delivery, EXPRESS delivery costs you a FEE. It is worth going for express delivery only if ur chq is TOOOOOOOOOOO big. By default check comes by ORDINARY MAIL Njoy..
Thanks for a very informative thread, I hav a question,MY pin was generated on Jul 14, 2006. Can any one tell me when will I receive my PIN??? I am in Andhra Pradesh,India.
Hi Saki, Thanks .. Actually what we see is PIN generation date ONLY.. it is not actually the day they POST.. So it all depends on how G processes pins and post them. It took 20 days for me to get my PIN after date of generation.. It varies and people complain that it took even 50 days or more to get PIN.. Not sure.. But lets hope will be soon.. In case you didn't get PIN by a certain date we can RE-REQUEST the PIN. Hope this helps.. Regards,
Hi All, This time also I got my CitiBank Chq cleared by ICICI bank in 24 Hours.. Btw i am telling about June, 2006 Earnings cheque.. Regards,
Friend is right, yes this is the normal process if your cheque is included in the days' clearing. also, if you want the money in shortest time, you should open your account with citibank directly since you mentioned your city has it. doing this, you can have the funds available with you the same day, I think
You are absolutely right Mr. Onedoller. In Same bank transfer taking time within few minutes. Regards Rahul
Thanks One Dollar and Rahul for ur comments.. But my friend uses HDFC Bank, they take atleast 2 DAYS everytime.. May be it depends on the bank.. Regards,