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