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Banking: If you do not correct this mistake even after the cheque bounces, then strict action can be taken, know the rules..

Check Bounce Tips: In our country, people of every class take the help of banks to deposit future capital and for financial ...
moneycontrol.com

Cheque bounced? Here’s what it can cost you

Bounced cheques can lead to legal action under Section 138. You get 15 days to pay after receiving a legal notice. Ignoring a bounced cheque can result in court cases or fines. Did our AI summary help ...