In case of aged or bedridden person, banks depute a person or an official at depositor’s cost, to obtain the signature/thumb impression duly witnessed.I received a bearer cheque of Bank Of Maharashtra for one of my party, The account was in the branch which was a bit far away from my location, so I visited the branch of Bank Of Maharashtra near by me, but they refused to make the payment with the reason that either The payee has to be there in person if I have to encash it from that branch, or else I should visit the branch were the account that account belong,So I just wanted to confirm is there any such rule by RBI,This happens only when I go to Government Bank, but in case of Multi National banks like ICICI etc. Generally a bearer cheque can be paid in cash only at the base branch where the account belongs or the drawer himself can withdraw it from any branch he wishes that too restrictions apply from bank to bank. Moreover, cash payment can be made only to a single person and not to group of people against a single cheque, although more than one person signed on the cheque as authorized signatories of the organization. Is there any limit on upper side?There is no limit for the number of signatures on a cheque leaf. How to withdraw cheque to self. Depending on your bank, you may be able to do this verbally by speaking to a teller or you may have to fill out a withdrawal slip with the amount of money you want or write out a check to yourself. Banks have been making cash payment of such cheques to the person who presented it at the counter without any hassle.

Cheque se paisa kaise nikale. Your experience from a particular public sector bank branch may be bad, but it is a wrong notion to conclude that all PSBs are bad in service and all private banks are good in service. So the cheque bearing company’s seal with signatures of authorized persons on its back is treated as bearer cheque. For reprint rights: EPF withdrawal: Step-by-step guide to withdraw money onlineLabour Ministry allows EPF withdrawal amid lockdownEPF withdrawal due to coronavirus: 20 questions answered by EPFO5 reasons for rejection of EPF withdrawal claim and how to avoid itEPF withdrawal: How to check, change bank account details in your EPF accountAlso advise how to protect your EPF amount from online frauds.I am facing lot of problems wile withdrawing epfo amount like some time otp not receiving also my father date of birth is wrong in epfo portal he has many time visited in epfo office but no solution has been given also I try to add date of birth online by uploading adhar card but epfo site not accepting my father adhar card and also I try second time for my pf that time my bank account does not verify by epfo portal while my kyc has been already done before and third time while I trying a new error has come that my bank account link with other uan no but I have work only one company there is no chance that my bank account link with other uan no and I also check active uan no option on epfo portal epfo portal tell that I have only one uan no active instead of this error is coming and also some of my friends facing this problem please make an article on this type of problemPlease advise on interest earned on epf amount ie, am jobless since 3 years, and am 53 years of age. Please visit their website to know there policies.Can you please quote which PSB has given you such information in their website. The money would go to the bank account of the Payee. You can withdraw money from your EPF account upon retirement after attainting the age of 55 years. One way to make a withdrawal from your bank account is to simply walk into a bank and ask for cash.
In the present core banking atmosphere branch banking is replaced by anywhere banking. 2. If the signature of the drawer scanned in the system is slightly different from the signature appearing on the cheque or the cheque is issued in favour of a firm, sometime other branch(out of doubt) may ask the bearer to go the drawee branch to collect the payment. However, nowadays it is learned that some bank branches refused the payment and insisted to write only “self” instead of “Ourselves”.

From the following window, click ‘Withdraw’. Well to answer I have assumed the following: * That you have an account in Axis Bank and you have the Chequebook of your account with you.
Normally an organisation authorizes maximum three signatories, for the convinience as well as within the space available on the cheque for drawee’s signatures.Sir all banks keep record of bearer check or order check.

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