Acceptance of cheques bearing a date as per National Calendar (Saka Samvat) for payment
Government
of India has accepted Saka Samvat as National Calendar with effect from
22 March 1957 and all Government statutory orders, notifications, Acts
of Parliament, etc. bear both the dates i.e., Saka Samvat as well as
Gregorian Calendar. An instrument written in Hindi having date as per
Saka Samvat calendar is a valid
instrument. Cheques bearing date in
Hindi as per the National Calendar (Saka Samvat) should, therefore, be
accepted by banks for payment, if otherwise in order. Banks can
ascertain the Gregorian calendar date corresponding to the National Saka
calendar in order to avoid payment of stale cheques.
as per RBI Master circular RBI/2013-14/69 DBOD No.Leg.BC. 22/09.07.006/2013-14 of July 1, 2013 para 5.7.4
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