HOAX: @RBI Guideline says to use “Lakh” & not “Lac” or the cheque might get dishonored
No, There is no such Circular or Notice anywhere plus RBI itself is not sure about it as they use both spellings on one single page of their official website.
SOURCE: https://m.rbi.org.in//scripts/ServiceCharges.aspx https://www.facebook.com/SMHoaxSlayer/photos/a.147357335599672.1073741828.140690692933003/322224341446303/?type=3
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