Validity period of cheques/drafts/pay orders/banker's cheque

Ashok kumar (CA Final) (587 Points)

28 December 2011  

Dear Friends,

RBI notified that the validity period of cheques/drafts/pay orders/banker’s cheques reduced from 6 months to 3 months from 1st April 2012.

 RBI Notification no: RBI/2011-12/251

DBOD.AML BC.No.47/14.01.001/2011-12 November 4, 2011

this is for your kind information