No plan to discontinue or change checkbooks from 1 January 2027: RBI

According to a Aaj Tak report, if you use a checkbook for transactions in the bank, a message going viral on social media must have worried you too. It is being claimed in it that after 31 December 2026, the current checkbook will become useless and from 1 January 2027, a checkbook with new security features will have to be used. Due to this claim, the question started arising among the people using checkbooks whether they would have to change their old checkbook before the end of the year? Will payment by old checks stop from 2027? Now RBI has clarified the position on all these apprehensions.

According to a Aaj Tak report, doing a fact check of this claim, the Reserve Bank of India (RBI) has described it as completely false and misleading. The central bank has clarified that currently no type of change is being made in the present Check Truncation System (CTS) checkbook.

According to a Aaj Tak report, it was being said in the viral message on social media that the current standard CTS checkbook being used in banks will be replaced from 31 December 2026. After this, a new checkbook will come into force from 1 January 2027, which will have better security features and new standards than before.

According to a Aaj Tak report, the Reserve Bank of India issued an official statement on the social media platform 'X' calling the viral message false. The central bank said that such a message has come to its notice in which it is claimed to replace the current CTS checkbook from 31 December 2026 and implement a checkbook with new security standards from 1 January 2027. RBI clarified that it is currently not taking any such step in relation to the CTS checkbook. Therefore, this message being circulated on social media is contrary to facts and misguiding people.

According to a Aaj Tak report, after RBI's clarification, customers currently using checkbooks do not need to panic or change their current checkbooks in a hurry. The central bank has neither declared any date to discontinue the old CTS checkbook nor announced any decision to implement a new checkbook from 1 January 2027. This means that there is no need to go to the bank to change your checkbook solely on the basis of messages going viral on social media. However, if there is any change in the rules related to checkbooks in the future, information about it will be received through official notifications of RBI and the bank.

According to a Aaj Tak report, RBI has appealed to the general public that for information related to checkbooks and other banking rules, they should rely only on the official notifications of the central bank. Do not forward such messages coming on social media, WhatsApp or other platforms without verification. Upon getting information about any new rule, change or deadline related to banking, one must first verify it through RBI's website or official channels of your bank.