In India, a cheque is valid for a period of three months from the date of issue. This standard timeline, mandated by the Reserve Bank of India (RBI), applies to all cheques, demand drafts, and pay orders.
Key details regarding cheque validity include:
- The validity is calculated as three months (90 days) from the date written on the top-right corner of the cheque.
- Once this period expires, the instrument is considered a "stale cheque" and will not be honoured by any bank.
- To receive payment for an expired cheque, the payee must request the drawer to issue a fresh one.