Cheques / drafts / pay orders / banker's cheques presented will be valid for 3months with effect from April 1, 2012

Last updated: 03 December 2011

RBI/ 2011-12/288 UBD. BPD. (PCB) No. 15 /12.05.001/2011-12 December 2, 2011 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/ Madam Payment of Cheques / Drafts / Pay Orders / Bankers Cheques In India, it has been the usual practice among

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