Can we deposit Cheque in non-home branch of SBI?

1. Can I deposit Cheque in any branch of SBI? Answer – Yes, you can deposit cheque in any branch of SBI in India.

Can Cheque can be deposited in non-home branch?

And the banking facilities available to customers at branches other than the home branch are called non-home branches. If any cash transaction, such as deposit or withdrawal, is done at a non-home branch, a fee is levied. This fee varies across banks.

Can we deposit Cheque in any branch of any bank?

Banker’s cheques are issued only for the clearing area of the respective bank. It can be cleared in any branch of the same bank and city as it comes under the local jurisdiction.

What are the charges for Cheque deposit in non-home branch in SBI?

The bank will charge Rs. 5/- per thousand or part thereof, subject to a minimum of Rs. 150/-, for cash transactions at non-home branches up to Rs. 25,000/- per day.

Can I deposit cheque in Non-Home branch PNB?

Since the bank is offering anywhere banking services to its customers same day credit will be provided in respect of outstation instruments drawn on any of its branches in the CBS network if received in the branch up to specified time and latest by next working day if deposited/dropped in collection box outside the …

Can I deposit Cheque in Non-Home branch PNB?

Can third party Cheque paid in cash in non-home branch?

State Bank of India raises cash withdrawal limits at non-home branches. In terms of third-party cash withdrawals, the bank has increased the daily upper limit to Rs 50,000. Withdrawals for third parties would be allowed only through cheques and no cash payment would be allowed through withdrawal forms.

Can I deposit a Cheque in a non-home branch of the HDFC Bank?

Cheques drawn on bank branches at outstation centers will be collected using inter-branch arrangements in vogue. Cheques drawn on Metro / Non-metro cities where HDFC Bank has a branch, credit will be given on receipt of clear funds.

How much can we deposit in HDFC Non-Home branch?

From non-home branch, customers can deposit/withdraw up to ₹ 25,000 per day without any charge but any deposit/withdrawal from non-home branch above ₹ 25,000 will attract charge of ₹ 5 per thousand or ₹ 150 (plus taxes and cess) whichever is higher.

How long does it take to clear an outstation cheque?

It takes a long time to get the outstation cheque to clear. In fact, to be precise it takes around 3-weeks for such types of cheques to clear. So, if you are residing in another state, and have to receive funds from another state, it is advised not to take such cheques, unless they are payable at par across the cities.

Can I deposit a cheque in a non-home branch of SBI?

There are no exact guidelines; however, practically, the non home branches will not accept cheques for the customer of another branch when the cheque is drawn on a place other than the place of the non home branch. Originally Answered: Can I deposit a cheque in my account at a non home SBI branch?

Can I deposit a cheque in a non-home branch in Mumbai?

Suppose the cheque is payable at Kolkatta, you cannot deposit in non home branch at Mumbai. There are no exact guidelines; however, practically, the non home branches will not accept cheques for the customer of another branch when the cheque is drawn on a place other than the place of the non home branch.

Can a cheque be deposited at a non-home branch of the bank?

If the cheque being deposited in your account is drawn on the bank’s own branches, it can be deposited at a non-home branch, subject to the rules enumerated in the Cheque Collection Policy of the bank;

What is the maximum amount of cheque allowed through SBI cheque?

All intra-city cheques will be allowed to be paid without upper limit from non- home branches. In a SBI Savings Account, at home branch there is no maximum limit on amount of transaction through cheque but at non-home branch it is limited to ₹10,00,000/- . Here the home branch means the home branch of the drawer of cheque.