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How many months a cheque of uco bank is valid?
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.
What is the latest news about sixthpay commission in India?
not satisfy(minimum) not satisfy(minimum)
Minimum CRR LIMIT?
there is no minimum limit of CRR in India but the maximum limit is 15%
What minimum height required for male models in India?
Male models are required to have different heights worldwide. The minimum height for a male model in India is 5'5".
What is minimum reserve system of India?
Minimum Reserve system in India represents the minimum backing of Rs.200 crores by the Reserve bank of India. Out of which Rs.115 crores worth of gold and Rs.85 crores worth of foreign Securities are kept under RBI, the Monetary Authority of India. It is considered to be a formality and there is no other reasons for the number 200
What is multicity cheques?
Usually Cheques issued by banks have a city associated with them. For ex: if I give you a cheque from my bank account in Chennai, India, and you want to deposit it in your account in Delhi, India, it is an outstation cheque and your bank will charge you a fee for cashing that cheque. Usually around Rs. 50/- If my bank has given me a multicity cheque - it means that when you deposit it in Delhi, your bank will not charge you this cheque cashing fee because my check is the same irrespective of which city in India it is cashed.
Can you deposit cheque in other branch of state bank of India?
Yes, you can. State bank of India accepts checks all over India.
How is Self drawn cheques in India?
To draw a self-cheque in India, simply write "self" in the "pay to" field on the cheque along with your signature. You can then deposit the self-cheque into your own bank account. It is important to ensure that your signature matches the one registered with your bank to facilitate smooth processing of the transaction.
What is the prefix in sbi cheque?
The prefix on an SBI cheque typically refers to the first few characters that identify the specific branch of State Bank of India where the account is held. This information helps in routing the cheque correctly for processing.
What is the minimum salary of marine engineer in india-?
900000 Rupees is the minimum salary of a marine engineer in India.
What is the clearance time of a RBS cheque into a HSBC account?
It depends. If the RBS cheque is from a RBS bank account in India and deposited inside India in a HSBC Account, the clearance time is usually 3-5 working days. If the RBS cheque is from a RBS bank account from abroad and deposited inside India in a HSBC account, the clearance time is usually 3-4 weeks.
What were the consequences of Great Britain's withdrawal from India?
They got screwed.
How much time can a cheque bounce?
The time frame for a cheque bounce in India can vary depending on the specific reason for the return. Generally, if a cheque bounces, the bank will inform the payee within 24 hours of the deposit attempt. After receiving the return memo, the payee has up to 30 days to issue a legal notice to the drawer demanding payment. The drawer then has 15 days to respond and clear the payment. If unresolved, the payee can file a complaint under the Negotiable Instruments Act, typically within a month after the response period ends. if you need legal service in cheque bounce matter visit the link
How many months a cheque of uco bank is valid?
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.
What happens if you open an account but it has no money?
Some banks offer zero account balance accounts. In them you need not maintain any minimum balance to run the account. But in most cases each bank would have a minimum amount that needs to be maintained. For example in a Nationalized Bank in India where the account gives you features like cheque book, ATM card etc, the minimum balance is 1000 rupees. In case you fail to maintain the minimum balance then the bank has the rights to charge a penalty. This would be charged on a monthly basis based on the number of times your account has failed to maintain the min balance.
How long is a check good for before you cant cash it?
Currently in india, the validity of cheques is 3 months from the date mentioned on the cheque. Any cheque that is older than 3 months is considered a stale or invalid cheque and is worthless. For ex: If I give you a cheque on 1st of May 2013, it will be valid till 31st of July 2013. If you do not cash the cheque before 31st July 2013, the cheque is worthless. Even if you manage to deposit the cheque in your bank, it will come back with no money.
What is the difference between multi city check and bearer check?
Mulitcity cheque is more advanced than ordinary cheque as multicity cheque can be deposited and given to any where iin india and takes less time for clearacnes where as ordinary cheque takes more time and come to mother bank branch for clearances.
