Bank customers alert! Cheque book of 3 banks will become invalid from Oct 1

Cheque books of three state-backed banks - Allahabad Bank, Oriental Bank of Commerce (OBC), United Bank of India (UNI) - will become invalid starting from October 1, 2021. 

New Delhi: Cheque books of three state-backed banks - Allahabad Bank, Oriental Bank of Commerce (OBC), United Bank of India (UNI) - will become invalid starting from October 1, 2021. 

Cheque books of these three banks will become invalid because they were merged with larger banks. As part of the merger process, the larger banks are now onboarding customers of the merged banks. For instance, Allahabad Bank was merged with Indian Bank while OBC and UNI banks were merged with Punjab National Bank (PNB). 

Updating the customers about the change, PNB has urged the customers of the UNI and OBC banks to issue cheque books with PNB IFSC and MICS details so that they don’t face any issues.