Since all these three banks have been merged with other banks, cheque books with the old name/bank will not work. In such a situation, to avoid such troubles, you should apply for a new cheque book.
If you were an account holder of United Bank, Oriental Bank of Commerce (OBC) and Allahabad Bank, then this news can be of use to you. Actually, cheque books of these banks will not run from October 1. Since all these three banks have been merged with other banks, cheque books with the old name/bank will not work. In such a situation, to avoid such troubles, you should apply for a new cheque book. This work can also be done offline by going to the bank and this work can also be done through net banking sitting at home.
Both OBC and United Bank have merged with PNB (Punjab National Bank). That is, now everything belongs to PNB. Name, Branch and also Customer. PNB has also recently informed all its customers that OBC and United Bank cheques will not operate from October 1. These will be closed. The updated IFSC and MICR code will also be there in the new chequebooks of PNB. New cheque book of PNB can be applied for through ATM/IBS/PNB One. If you need any help in this regard, then you can find it on 1800-180-2222 toll free number.
At the same time, Allahabad Bank has been merged with Indian Bank, in view of which the customers of this bank will now need Indian Bank cheques for transactions through cheques. The bank has told all the erstwhile Allahabad Bank customers through information that from October 1, the old cheque book (erstwhile Allahabad Bank) will not be considered for payment, so get a new cheque book. You can do this through Internet Banking, Mobile Banking or by visiting your nearest Indian Bank branch.
Let us tell you that the 11 digit IFSC code is useful during online payment. Every bank has its own IFSC code and any branch of the bank can be tracked through it, whereas the 9 digit MICR code identifies the branch which uses the electronic clearing system.
