RBI Rules: The Reserve Bank of India has made the process of clearing checks at banks much easier than before. Customers will ...

Knowing when money will be credited to your checking or savings account is key for financial planning. While some factors may delay the process, most checks clear within one to two business days.

"There are fewer people handling the check and that lessens the opportunity for loss, fraud and/or confusion in the check clearing process,'' he says. Although merchants have already begun back office ...