What is the validity of account payee cheque?

3 months
As per RBI guidelines, with effect from April 1, 2012, the validity period of Cheques, Demand Drafts, Pay Orders and Banker’s Cheques will be reduced from 6 months to 3 months, from the date of issue of the instrument.

Can I cash in a cheque at any bank?

A cheque from a particular bank can be used to withdraw money over the counter at any of the Branches of that particular Bank only. But a cheque from one bank can be collected by another bank provided it is an A/C Payee Cheque and the holder of the cheque must have an A/C in the collecting branch.

Can cheque be deposited in non home branch?

And the banking facilities available to customers at branches other than the home branch are called non-home branches. If any cash transaction, such as deposit or withdrawal, is done at a non-home branch, a fee is levied. This fee varies across banks.

Can we deposit cheque after date?

The validity of the cheque is three months from the date of the issuance. When the period of validity ends, the check becomes Stale. Such cheques cannot be submitted to the bank for payment.

Can I deposit cheque from another bank?

There is no problem in moving funds from your account in one bank to your account in another bank as well as from your account to another person’s account. You can deposit a cheque (even of your own account) in any bank to any other account(even to your own account) in any other bank.

How do I collect a cheque from the bank?

Follow these steps to encash a cheque.

1. Go to any branch (in the city) of the bank that the cheque belongs to.
2. Present it for clearance.
3. The bank teller, will verify the details on the cheque and clear it.
4. The cheque will be cleared then and there and you will get the cash.

How to request cheque book in PNB internet banking?

1) Login to PNB Internet Banking Account using your User ID and Password. 2) Click on Other Services Option in the Top Menu. 3) Look for Cheque Book option. 4) Select the Account for which you want to Request Cheque Book.

Do I need a cheque book to open a bank account?

Usually when you open a new bank account in PNB, while filling up PNB Account Opening Form you can select the option to get a Cheque Book from PNB. However, sometimes we do not need a cheque book while opening a Bank Account.

How to get a cheque book from the post office?

Get yourself logged in using the user ID and password. Go to the other services>services>new request. Click on the new cheque book request under the options. Confirm the account details and the number of slips you need. Later, touch on the submit button and wait for the postal delivery of your new cheque book.

What is a cheque book?

Cheque books are the safest way of payment in the 21st century. It is generally used for sending significant amounts or receiving a massive sum of money in a legal form. Every bank does provide a booklet of cheque book containing 25 or 100 cheques during the new account opening.