What will happen if a cheque gets bounced and what are the penalties?

what-will-happen-if-a-cheque-gets-bounced-and-what-are-the-penalties

The computerized payment framework is picking up a considerable measure of popularity nowadays, which is just a sign of nation moving towards the digitization of payment without breaking or day to day work routine. Despite the fact that computerized payments are getting huge one ought not to disregard the procedure which was pursued to exchange cash starting with one financial…

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Cheque bounced? Fines and Legal Charges? Here’s what you can do

cheque-bounced-fines-and-legal-charges-heres-what-you-can-do

If you have taken a loan for any purpose whether for buying a house or for education or you have availed the facility of Electronic Clearance System (ECS) for services that you receive regularly or you have a credit card and fail to make the payment on time for your dues and your cheque does not get clear and bounces…

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