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Validity of Cheques and Drafts for 3 Months Now!
in Current Affairs & Latest News
With new RBI guidelines coming into force this month, the validity for cheques and drafts would be three months from the date of issue.
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    This is welcome. Longer period often involves too many endorsements and also the cheques get spoiled by moving in so many hands.

    G. K. Ajmani Tax consultant
    http://gkajmani-mystraythoughts.blogspot.com/

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    The RBI has reacted to the misuse of longer validity by some dubious people!
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    NIce decission taken by RBI so there is no misuse of checks now. :)

    Earn money just for joining in this site.

    http://www.money-friends.net/users/profile/en/155119.html

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    Previously it was six months and now three months. Nice decision taken by RBI.
    www.mobileeduhut.blogspot.in
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    Can this affect this site.. I mean if someone get cheque that late , then what?! I don't know much because I haven't got any payment so far.
    ANDROIOS: http://androios-tweaks.blogspot.com
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    This may create problem for the people who get them late even in this age of fast communication and delivery system. They will have to get them re-dated again.

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    Any one here who has to waited for that long for receiving cheque from here..?
    ANDROIOS: http://androios-tweaks.blogspot.com
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    Decision is correct.Misuse will be not there.
    But,what if the cheque,is not reached to that person in three months.

    Want to make each day Accountable

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    Any one here who has to waited for that long for receiving cheque from here..?


    We live in Small town,so that's why sometimes,the cheque is delayed for 1 or 1 and half a month.
    This happens only sometimes..

    Want to make each day Accountable

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    I am waiting for my cheque since 1 month. :laugh:

    Want to make each day Accountable

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