Legal Question in Banking Law in India

HDFC Ac Payee Cheque Return for Signature Differernce

I Deposit approx 65K Cheque for Payemnt of My Citi bank Credit Card in Chandigarh, My HDFC Saving Account Debited next Day morning By Bank after That HDFC Bank Reverse the Amount at Own, Finally 2 Days later CitiAlert Recieve the Cheque is Bounced & Query Made to Citiphone Officer The Intimate the HDFC Cheque Returned due to Signature Difference, Now HDFC Bank is Charging Cheque Bouncing Charge, Citibank Credit Card is Charging the Cheque Bouncing, Late Panelty, Interest due to not ontime Payment, Its Cost me by Both Bank Approx. 4000.00, Is it OK with Citibank or HDFC Bank ? They Have not responsiblity to intimate if Cheque Signature Difference. I have seen Sevral Times I was Using Citibank Account in Gurgaon, If They Find my Counter Signature or Over writing at my Cheque They are Intimating me & Never Bouncing The Cheque for These Reasons, When Citibank Call to A Customer so whynot Other Bank. Banks are simply making money by Returning the Cheques for Signature Difference. We are Just Ignoring it due to we dont hav etime to Fight.

Can Any body suggest me How I can Treat with HDFC Bank in This case as I am Paying very Huge Panely, Can I Claim with HDFC Bank for It


Asked on 2/22/09, 8:13 am

4 Answers from Attorneys
Prof.Somnath Mukherjee s.mukherjee associates,09874053359

Re: HDFC Ac Payee Cheque Return for Signature Differernce

Please send a notice to the HDFC BANK and claim the same or contact a lawyer.

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Answered on 2/23/09, 10:38 am
Pranav Desai PD Legal & Associates

Re: HDFC Ac Payee Cheque Return for Signature Differernce

You may write a legal notice to HDFC bank.

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Answered on 2/23/09, 12:47 pm
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: HDFC Ac Payee Cheque Return for Signature Differernce

Yes, you may have a valid claim against HDFC particularly when had initially debited your account. but the initial cost of that claim may exceed your claimed amount; it may not be really advisable to initiate legal proceedings for recovering 4,000; you may try your luck with the local District Consumers Forum after first sending a demand notice to the Bank claiming refund and damages.

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Answered on 2/22/09, 9:45 am
J. Radhakrishnan independent Practice

Re: HDFC Ac Payee Cheque Return for Signature Differernce

send notice to HDFC Bank that their return of your cheques is against law and banking practice and ask them to reverse the entries for the wrong return of the cheques. If they don't relent, make a complaint to Banking Ombudsman, if after a notice to HDFC Bank chairman does not bear any good result. Consult local lawyer and proceed.

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Answered on 2/22/09, 10:36 am


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