Revised Validity Period – Payment of Cheques/Drafts/Pay Orders

As per the new RBI guideline effective 1st April 2012, CC/DDs /Cheques validity being reduced from 6 to 3 months. Pls note

– Cheques / Demand Drafts / Pay Orders dated April 01,2012 or after, if presented on or after April 01, 2012 will be valid only for three months from the date on the instrument.

– Cheques / Demand Drafts / Pay Orders issued and dated on or before March 31,2012 shall continue to be valid for six months from the date on the instrument.