The Hindu Business Line : Karnataka Bank unveils multi-city cheque facility

KARNATAKA Bank has launched "Multicity Cheque" facility for its current account holders under the "Money Ruby", "Money Sapphire" and "Money Diamond" schemes.

A bank release said here that "Multicity Cheques" are payable at par at 200 braches in 90 centres across the country.

It enables cash withdrawal at non-base branch (other than the branch where the account is maintained) up to a certain limit per day (inclusive of withdrawal at all branches) for self cheques. It enables fast collection of cheques and speedy transfer of funds.

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