How long the Banker cheque issued by SBI is valid? .. ( in months)?

by admin on January 30, 2011

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What should I do in order to renew it after its expiration?



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{ 4 Answers… read them below or add one }

Hande January 30, 2011 at 4:28 am

Validity 3 months
You have to get it re – validated from the place of issue after 3 months.

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Virendra V January 30, 2011 at 4:28 am

Validity is mentioned on instrument issued by SBI.In case of expiry you have to contact the branch that issued this they will revalidate instrument.

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jitendra s January 30, 2011 at 4:28 am

Every cheque issued by an individual is valid up to six months and it expires after 6 months from the date of issuance. But in case of Bankers’ cheque, DD or Pay Order, Its validity is 3 months to 6 months. such validity period is already mentioned on the instruments (i.e. Cheque, Pay-order, DD). After its expiration the amount paid is forfeited by Bank accept in the case of issue of Cheque. In order to re-issuance of such cheque you will have to go to the Bank and consult the concerned authority and explain the valid reason for not using such cheque in written. They will entertain you positively.

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Priyadarshi January 30, 2011 at 4:28 am

A banker cheque is equivalent to demand draft. Banker cheque is valid in the same place of the issuing bank and demand draft is valid in other place. Both the instrument is valid for three months from the date of issue.for re validation you have to deposit it to the issuing bank and will have to issue a fresh one

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