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Monday, October 6, 2008

MULTI - CITY CHEQUES (MCC)

Personal Segment:

A Multi-City Cheque (MCC) is one that can be written by the customer in favour of his client and is payable at par at all branches of the Bank. MCC can be issued in cheque operated accounts (SB and Current), in addition to normal cheque books. The MCC facility is to be used only for genuine transactions / bonafide remittances. No cash payments will be made to third parties at other branches. The upper limit for issue of MCCs is Rs.2 lacs. The issue charges for MCC are Rs. 3 per cheque leaf and will be debited from the account at the time of issue of the cheque book. There are no transaction charges.

44 comments:

ansh said...

i have deposited a multicity cheq of rs51000/-at the branch from where the cheque book and a/c was subscribed. rs110/- has been deducted from my cheq amount why

Akshay said...

you should complaint for this charges. Your a/c will be refunded.

Unknown said...

Why the my account ia debited foe the chequebook.the bank is issue a chequebook without any debit.so please my money refunded.

chanchal harod said...

cheques book are given by the bank so why bank is charge for this service and my request for refuned my money

Unknown said...

i didnt apply fr any new cheque book but still they issued a cheque book and debited 204 rs from my account without any knowledge.what to do

Unknown said...

i didnt apply fr any new cheque book but still they issued a cheque book and debited 204 rs from my account without any knowledge.what to do

Anonymous said...

Dear Sir,
Liked yr blog, very informative.
Reg. multicity chq-book for limit there are two options 1-Rs.10 lac,2-No limit.
Thanks
sksaxena

Unknown said...
This comment has been removed by the author.
INFERMATION THAT YOU NEED said...

is sbi charging for mcc issues cheque Rs90 ? why because they charge Rs90 when i applied for 2nd cheque book pls provide me thethe truth .

Unknown said...

i have been charged rupee 120 fr a new cheque book ...
bank provide the cheque book without cost please refund ma money

Unknown said...

i have been charged rupee 120 fr a new cheque book ...
bank provide the cheque book without cost please refund ma money

Unknown said...

i have been charged rupee 120 fr a new cheque book ...
bank provide the cheque book without cost please refund ma money

Unknown said...

How to book a MCC by an ATM machine?? Plzz mention the steps!!

Unknown said...

in a multicity cheque if we withdraw more than 10 lakhs any deduction will be there or not on a current accnt

grasshopper said...

plz clarifie the upper limit amount of multycity cheques
how much can i withdraw by one cheque ???

Anonymous said...

Sir,
Please clarify who is a third party? For example MR X issued a multi city cheque by a customer
of SBI can Mr X encash it in a SBI branch other than the base branch?

Anonymous said...

'A Multi-City Cheque (MCC) is one that can be written by the customer in favour of his client and is payable at par at all branches of the Bank. MCC can be issued in cheque operated accounts (SB and Current), in addition to normal cheque books. The MCC facility is to be used only for genuine transactions / bonafide remittances. No cash payments will be made to third parties at other branches'
Sir,
Nice information.However there is a doubt with regard to the issue of third party. Say if a customer of the bank writes a cheque in the name of MR X ( a client) whether such a cheque is payable in non base branches of the SBI? Whether a "client" is to considered as third party.Or if a client encashes the cheque through some one else such a guy is to be considered as a third part ,please clarify.
Thank you,

Anonymous said...

i dont understand what is this MCC. i already loss Rs 500 on my account ....but till a date i never use my any cheqe book so why SBI cut the charges on my account... please if anybody have any information... can help me

Unknown said...

i am holding a govt office and an saving account is subscribed for govt fund transaction.whether bank can debit mcc issue charges from the account.

Unknown said...

i do an apply the mcc but debited the 103 rupees in my account
what is mcc

Unknown said...

I apply first time 50 page cheqbook but 103 rs debited from my account at the name of mcc issues what is the Mcc issues charges

Jai Yadav said...

I applied for 2 cheque books I got one cheque book, now I want to cancel another cheque book how

Unknown said...

How many charges to demand multi city cheques books

Unknown said...

I demand MCC cheque book and they 151rs charge from me but my friend order only 43rs will be charge.how is this happen? Please replay back.

Unknown said...

I have applied cheque book but debited charge of 138rs why it is I wanted explanation and refund back my amount in bank account.

Unknown said...

I have opend a sbi savings account today and rs 17.25 got dedected from my account saying MCC Issue. May I know wat the hell is this

Unknown said...

Today i applied for cheque book...for 1st time....and i received the text in my inbox stating...Your ac debited 103.50 -MCC ISSUE. Can sum1 please explain me about these....

Unknown said...

Applied for cheque book
Bank has debited Rs 177 two times saying MCC issue chsrges i recieved 2 messages in my inbox
Each saying 177 deducted as MCC issue charges
Is this rule or mistake i want to know.

Unknown said...

Today i applied for cheque book...for 1st time....and i received the text in my inbox stating...Your ac debited 88.50 -MCC ISSUE. Can sum1 please explain me about these....

Unknown said...

Sir...Iam from Tripura,and I want to pay rs 7 lakh to a car company,out of my city ,that is in guwahati,with my SBI mcc.Can I pay ? And how much will bank charge,for my transaction...??

Unknown said...

Sir i applied for chequebook in atm and sms inbox
88.50 debited mcc issued
Plese expain me these

Unknown said...

Is there any charges also for Net banking operations

fitnessfirst said...

Sir i applied for 10 cheq chequebook in home branch stete benk of India and sms inbox
88.50 debited mcc issued
Plese expain me these

Unknown said...

MAHI SINGH plz go throught the sbi home page , where u can get all the information about the chequebook (debited mcc issued) . as far as may knowledge chequebook amount exemted for only sinior ctizen and a person who r maintaing 25k in our saving a/c.
i also applied fr cheque same and amt debied frm my a/c.

09-Apr-2018 (09-Apr-2018) MCC ISSUE CHARGES
38976288 88.50

Anonymous said...

Send 40 ruppee charge 88 rupaye please send my rupees

Unknown said...

MCC issue kya hai iska charge kitna Aur kyu katata hai
Please reply

Rohit Khamkar said...

Thanks for sharing this information. Would you like to get more information visit here cash loan app

Unknown said...

My jitan paswan my 16.03.2020 ko cheque book apply kiya tha kab tak a jaega bahut jaruri hai sar thank you

Unknown said...

My name is Nikhil soni from ahemdabad why are debited in account MCC issue please refund my amount 53.10

Unknown said...

Dear Sir am request for name change cheque book for pf purposes but bank reply is On your request, cheque book has been issued in account no. XXXXX971439. If not requested, please contact your branch.and debited my account Rs 53 rupees for mcc issue.
Sir please suggest for you cheque book is very important and my amount is refund.

Unknown said...

sir my name is Tirth Raj Singh from chitrakoot up why are debit in accounted MCC issue please refund my account

Unknown said...

Y u debited from my account sir MCC issue. Sir please refund

Paras Rastogi said...

Thank you so much for sharing all this wonderful info with the how-to's!!!! It is so appreciated!!!You can find out more on Online Open New Bank Account

Anonymous said...

MCC charge is eligible for govt account