Mode of repayment of loans: repay only by account-payee cheque, account-payee draft or prescribed electronic modes; penalty follows. Repayments of loans, deposits or specified advances at or above the statutory threshold must be made only by account payee cheque, account payee bank draft in the payee's name, electronic clearing through a bank account, or other prescribed electronic modes; banking branches may credit the payee's savings/current account. Specified exemptions apply for government and certain financial institutions. Non-compliance attracts a penalty equal to the amount repaid, imposed by the prescribed tax authority. Special higher threshold treatment applies to specified primary co-operative agricultural institutions and their members.