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Currently in India (As of 2013), all cheques are valid for a period of 3 months only. This rule is irrespective of the bank whose cheque is being used. So, a UCO bank cheque, an ICICI Bank cheque and an HDFC Bank cheque, all of them are valid only for 3 months from the date of issue.
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What are the charges for clearing an sbi outstation cheque in icici account of rs 14000?
My outstation cheque worth of Rs 40748-/- How many clearance charges there of and How much time to clear a outsation cheque of SBI i.e from Bardoli to Navsari
How many year state bank of India ATM card valid?
Usually debit or ATM cards issued by banks are valid for 2-3 years and in some cases even 5 years. The date until which the card is valid is printed on the front side of the card just beside your name. you can check that. It will contain the month and year until which your card is valid.
Are you allowed to write a post dated cheque in Canada?
Many people do it.
What are the goals and objectives of icici bank?
ØTo assist in the creation, expansion and modernisation ØTo encourage and promote the participation of private capital. To encourage and promote private ownership
How many regional rural bank in India at present?
how many urban bank branches are there in india
How many months a cheque of syndicate bank is valid?
cheques in India are usually valid for 90 days from the date of issue. This works out to 3 months. However you can confirm this with your bank customer care to be 100% sure.
How many months a cheque valid in India?
All cheques are valid for 6 month from date of Issue
Ac payee cheques valid for how many months?
Usually the validity for instruments like Cheque is only 6 months from the date of issue. So assuming the cheque was issue on Dec 1st 2008 you can use it till May 31st 2009. Beyond that date if you deposit the cheque, the cheque issuing bank/person is not liable to pay the money.
How many days a cheque convert into the cash?
You have six months from the date of cheque to convert a cheque into cash. The date of the cheque is the date shown on the face of the cheque. After six months of time, the cheque becomes a "Stale cheque".If you present the cheque to a paying bank within six month period you can collect the cash in following ways.1. If the cheque's account is a account of paying bank: You can en cash the cheque on same day.2. If the cheque's account is not a account of paying bank: Depending on the clearing speed of the banking system you may get money on same day/ tomorrow/ or day after tomorrow.Please refer related questions to understand the cheque handling process in Banks.
How many days a demand draft issued in SBI is valid?
Normally a Bank Demand Draft is valid for 6 months from the date of issue.
Where can you use a cheque?
so they can get used to it At many stores and you can cash them at the bank.
How many type of bank cheque book?
There are typically two types of bank cheque books: those for savings accounts and those for checking accounts. Each type may have different features or restrictions, depending on the bank's policies and the account holder's needs.
How many months is a Visa credit card valid for before it expires?
24-48 months
What do you mean by at par cheque?
At par cheque is a cheque on which no charge is deducted by the bank for crediting to your account, even if your account is in a branch that is in a different city from where the cheque is issued. For example, if your account is in Mumbai, and a company with its account in Delhi gives you a cheque, the Bank will charge certain amount from the cheque, as the cheque will have to be sent to Delhi to get cleared. However, with the networking of branches of most banks, it is possible to get the cheque cleared without sending it to the issuing branch. So, many private and some public sector banks are issuing at par chequebooks to their account holders. This means that you can pay a bill in Delhi by cheque even if your account is in some different city. The receiver of the cheque will not have to pay any charge on the credit of the cheque, meaning that he will be more willing to accept your cheque
How long is a personal check valid for Bank of America?
A personal check for the Bank of America is generally valid for at least thirty days. In many cases, these personal checks are valid for up to ninety days from the date of issue.
What does it cost to issue a check?
There are no major costs involved in issuing cheques. Most banks provide us cheque books free of cost and we can utilize them. But once we start using too many cheque leaves, the bank may opt to charge us a small amount like say Rs. 100/- per year of Rs. 50/- for every 100 cheque leaves etc. The charges may vary from bank to bank.
In how many days high value cheque will be cleared?
It usually takes 2 working days. (Can be speeded up if you have contacts in the bank)
