Legal Question in Banking Law in India

I have bearer cheque in my name of indian bank , is it possible to encash it from sny branch or should be only home branch of drawer


Asked on 11/27/14, 8:43 am

2 Answers from Attorneys

Fca Prashant Chavan Expert Edge LLP

28.11.2014

Dear Sir / Madam,

You can encash the cheque from the drawer's branch only, and not from any other branch of Indian Bank.

Regards,

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Answered on 11/28/14, 3:23 am
J. Radhakrishnan independent Practice

If it is payable at par at any branch, it can be encashed at any branch. The paying branch may demand proof of identity of the payee.

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Answered on 11/28/14, 6:27 am


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