Para 4.2 — CAM
CAM
Original Rule Text
4.2 MODE OF PAYMENT FROM GOVERNMENT ACCOUNT: 4.2.1. PAYMENT ADVICES: The term ‘Payment advice’ is defined in the R&P Rules, 2022 that it would refer to the instructions issued to the RBI or to the accredited bank for direct credit through authorised mode, either electronically or otherwise of a specified amount to the specified bank account of the payee. The payment advice other than electronically signed advices shall be accompanied by a cheque for an equal amount drawn in favour of the relevant accredited bank.