Legal Question in Civil Rights Law in India
Dear sir,
I am Account Holder of SBI and i gave cheques to HDFC Bank For my Two wheeler loan and frist cheque has returned problem is signature mismatch is there any charges. Balance was there at time of cheque returned.
Best Regards
Rakesh Singh.
Asked on 9/09/11, 12:26 am
2 Answers from Attorneys
Bennet Master of Law
Bennet Raj Law Office
They may collect cheque ,,bounce charges. Coz. They may not represent the dishonoured cheque again under ECS scheme. They may use next cheque for subsequent EMIs
Answered on 9/09/11, 8:56 am
Sanjay Kalra
Sanjay Kalra & Associates
Yes there charges levied by the bank.
Answered on 9/14/11, 1:45 am
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