High Value Cheque
This query is : Resolved
Prateek Biyani
(Querist)
17 December 2009
What do you mean by depositing check in high value ?
CMA Ramesh Krishnan
(Expert)
17 December 2009
High Value cheque means cheque having value Rs.10 Lakhs and more it can be deposit in high value clearing in bank and it will clear the same day and credited in your account
Prateek Biyani
(Querist)
18 December 2009
Sir, please tell me what is the procedure to deposit any cheque in high value and is there any charges charged by the bank for this facility. plz reply.
Prateek Biyani
(Querist)
18 December 2009
Sir, please tell me what is the procedure to deposit any cheque in high value and is there any charges charged by the bank for this facility. plz reply.
CMA Ramesh Krishnan
(Expert)
20 December 2009
Normal procedure only ,Every bank having the morning time limit for Accepting High value cheque deposit like. 10 or 10.30 A.M, You have to hand over the chq with challan to a person specifically sitting for collect the High value chque,Normally no Bank charges ( but it is based on Bank specefic)
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