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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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SMHoaxSlayer is India's largest and oldest Fact Checker. Started in Aug 2015, it had debunked more than 2000 Fake News till now.

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