Procedure to be adopted by the bank and the treasury.
13 (1) If the cash amount, cheque or draft tendered or deposited by a person is in order, the bank shall accept and acknowledge it under the signature of the officer authorized for the purpose and seal of the bank. In the acknowledgement, the amount deposited shall be mentioned in words and figures both. The bank shall also put the serial number on each copy of the challan.
(2) The serial number shall be prefixed by alphabets to identify the name of the bank and its branch.
(3) The two copies marked "C" and "D" of the challan shall be returned to the depositor who shall submit the copy marked "C" to his Assistant Commissioner and retain the other copy marked "D" with him.
(4) At the end of each day every branch of the bank shall send two copies of the challan marked "A" and "B" retained by it to its link branch nominated for the purpose in that district or as the case may be, the circle, duly stitched separately in the order of the challan number along with copies of the list of such challans.
(5) The link branch shall send one copy marked "B" of the challan along with one copy of the list of such challans by the working day next following to the Assistant Commissioner of the District or as the case may be, the circle.
(6) The link branch of each bank shall send the copies marked 'A' of the challans alongwith two copies of the list of such challans to the focal point branch of the State Bank of India nominated for the purpose by following working day. The focal point branch shall send the copies of the challan marked 'A' alongwith one copy of the list to the treasury officer by the next Working Day.
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