A/c payee cheque clarification

2622 views 3 replies
Hi,
 I am ABC, residing as a tenant at 'XYZ' house in Bangalore. Few months back I have paid Rs.21,000 excessively for my EB bill. Now the Bangalore Electricity Board (BESCOM) issued a A/C payee cheque on my house owner name 'XYZ'.

She does not hold any Saving/ Current Account in any banks. I am holding a Saving & Current Account in HDFC Bank. Is it possible to deposit that cheque to my account? If so what steps need to be done.

Please help me on this.

 

Replies (3)

friend,

as per RBI guideliness if a chque is recived by a son in the name of father the he has to deposit that cheque into the bank after that he can claim that amount .

as in your case frist you have to deposit that cheque into her account then you can claim it.

if she is not having bank account then she has to open the same 

 

 

Hi Umesh,

Thanks for your prompt reply.

On my humble request, and since my house owener not willing to open an bank account, the drawer cancelled A/c Payee seal and signed it. In the cheque it is mentioned as ON ORDER. The cheque has been issued by State Bank of India at par at all branches.

Can I en-cash it from any bank counter without involvement of my house owner?

If I can not en-cash it, and needs to be deposited into my account how long it will take to moeny to get credited?

sir, as u mentioned that sbi cancelled such cheque and issued new cheque on order. it in the favour of your landlady not in your name . its a bearer cheque and while encashing you cashier will ask  id proff and signe of your land lady.

in my opinion you should take her with you in bank and encash the cheque in no further problems

 

 

 

 

 

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details