How much time does it take for cheque clearance?

It usually takes about two business days for a deposited check to clear, but it can take a little longer—about five business days—for the bank to receive the funds. How long it takes a check to clear depends on the amount of the check, your relationship with the bank, and the standing of the payer’s account.

How long does it take for cheque to clear in SBI bank?

1.11 Cheques deposited at branch counters and Cheques deposited in the drop-box within the branch premises, before the specified cut-off time, will be sent for clearance on same day, for which the clearance period will be T+1 working day.

How long does it take for cheque to clear in Axis bank?

Speed clearing Outstation cheque collection through collection basis takes around one to two weeks depending on the corresponding/drawee bank for this purpose. Under Speed clearing, it would be two to three working days. Speed clearing aims to reduce the time taken for realization of outstation cheques.

How can I check my cheque clearance status?

To enquire cheque status:

1. Click Enquires > Cheque Status. The Cheque Status page appears.
2. Select the account for which you wish to verify cheque status.
3. Select the single cheque option to verify status of a single cheque.
4. Enter the cheque number(s).
5. Click [Enquire].

How can I check my check clearance status?

How can I check my Axis Bank clearance status?

Axis Bank SMS Keyword to Check Issued Cheque Status Receive your Axis Bank Cheque Status Enquiry in few seconds by sending a simple text message. Send CHQST <6_digit of Cheque No.> the A/c No.> to 9717000002.

How many days it takes for cheque clearance in HDFC?

Whenever anyone issues a cheque to you, you need to deposit that in your HDFC bank account. The money will be credited after the cheque is cleared. Generally it takes 2-3 business days for the cheque to be cleared. It may take upto 5 days sometimes depending upon the bank holidays, or errors.