Cheque Bounce Rules: We all definitely get to hear about cheques. Those who do banking work are well aware of cheques and also know that online mode and UPI etc. are the modern means of money transactions, but the work of withdrawing money through cheques has been going on for years. However, one thing that people know a little less is that if the cheque bounces or gets rejected, then people have to pay a penalty and it can also affect their CIBIL history. There is even a provision for…
Read MoreCheque Bounce: How much penalty is charged if the cheque bounces?
