Does the builder ask for a present day cheque to block the flat?

Saurabh, Apartment Resident

22nd September 2014

Buying property in Sumadhura Silver Ripples, Whitefield, Bangalore

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I have booked an apartment in sumadhura silver ripples, im very impressed with them, and that's why my brother also has booked an apartment here with them. They have kept their promise and delivered on time, and the quality of the project also is good.

venkatesh, Bangalore

7th February 2017

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As per new KYC norms set by banks you have to present new cheque book for any transaction. Your old cheque leaves may not be valid after March 31, 2013, as the RBI has instructed all banks to implement the Cheque Truncation System (CTS) across the country.

Monica, Bangalore

23rd September 2014

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