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Posted On : Hindi article 31057

what charged if check bounced

June 11, 2019
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penalty
4 Upvotes 2 Downvotes June 11, 2019
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In a cheque bounce case, the cheque issuer may face imprisonment up to 2 years or monetary penalty under section 138 of the Negotiable Instruments Act. Cheque bounce penalty charges vary from bank to bank ranging from ₹ 50 to up to ₹ 750.
0 Upvotes 2 Downvotes August 26, 2021
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what charged if check bounced
penalty

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