Special Cheque Clearing on 3 October! RBI issues Guidelines for Special Cheque Clearing in Banks

The RBI has introduced Continuous Cheque Clearing System and phase 1 shall be implemented on October 4, 2025. To facilitate transition to continuous clearing, it has been decided to modify session timings and conduct special clearing in Cheque Truncation System (CTS) on October 3, 2025 as detailed below:

Day	Session Details	Timing
October 3, 2025 (Friday)	Return Session for Presentation done on October 1, 2025	08:00 AM – 10:00 AM
	Special Clearing Presentation Session	11:00 AM – 03:00 PM
	Special Clearing Return Session	05:00 PM – 08:00 PM

After closure of return session on October 3, 2025 for presentation done on October 1, 2025, there shall be no regular clearing sessions in CTS on the day. All types of instruments will be accepted in special clearing only.

For the special clearing on October 3, 2025, banks are advised to use clearing type as “99” and session numbers as “21” (for presentation) and “22” (for return). Instruments presented with any other clearing type and session number will not be attached to the special clearing session.

Settlement will be posted for both presentation and return sessions in special clearing. Banks should maintain sufficient balance in their settlement account to meet settlement obligations arising out of the Special Clearing.

Click here to check RBI Circular on Continuous Cheque Clearing