Tag Archive for 'cheque'

Banking guidelines for opening and operating accounts in case of individuals with disabilities

For individuals with disabilities, the Reserve Bank of India (RBI) and the Indian Banks Association (IBA) have put in place guidelines for opening and operating accounts. 1. In case of customers who may have lost, say, their arms, toe impressions will be accepted for opening the accounts. Now, if the unfortunate incident has occurred after […]

Know the date of payment when you issue a cheque

When a cheque is issued, what should be considered the date of payment? Is it when the cheque is physically handed over or when it is debited from the drawer’s account and credited to the payee’s? Under the Negotiable Instruments Act, 1881, a cheque is an instrument negotiated by delivery. The drawer is discharged when […]

ChequeMan welcome New Users

ChequeMan is proud to welcome “Bhilai Engineering Corporation Ltd.”, “Radiance Hospital Pvt. Ltd.”, “Dayal Engineering Pvt. Ltd.” and “VCare Call Centers India (P) Ltd.” in its users family. Thanks for your trust on Us… !!