Industrial Relations And Labour Laws
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Pf dept needs a cancelled cheque. But currently I have a cheque book which is very old. I got this book in 2008. Can I use this cheque as cancelled ? Would this be valid ? My account number, name, branch name is still the same though it was issued in 2008.
Why the PF department asks for a cancelled cheque leaf? it is because they want to conform the name, Account No and IFSC. Even if it is not cancelled, they will accept it.They ask for cancelled one because a cancelled cheque cannot be used by anybody. Alternatively,you can send the bank Passbook front page where these details are available. The old cheque leaf may not contain the required information like IFSC. Hence that cannot be used.
Hi Mahesh, You can use old cheque, just make sure it has all the details like updated bank Name /address, IFSC code, your name and account number. Regards,
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