A/C Payee Cheque clarification needed

POSTED BY Suresh R ON February 13, 2013 3:48 pm COMMENTS (2)

Hi,
 I am ABC, residing as a tenant at ‘XYZ’ house in Bangalore. Few months back I have paid Rs.21,000 excessively for my EB bill. Now the Bangalore Electricity Board (BESCOM) issued a A/C payee cheque amount of Rs.20,885 on my house owner name ‘XYZ’.

She does not hold any Saving/Current Account in any banks. I am holding a Saving & Current Account in HDFC Bank. Is it possible to deposit that cheque to my account? If so what steps need to be done.
My owner not willing to open a bank account. 🙁
Is there any other way to deposit the cheque to get money.

Please help me on this.

2 replies on this article “A/C Payee Cheque clarification needed”

  1. Ashal Jauhari says:
    February 13, 2013 at 4:17 pm

    Dear Suresh, an A/c Payee cheque can be encashed only in a bank account. So ask your landlord to open an account for the same. No you can not encash other’s cheque in your bank acct.

    Thanks

    Ashal

    Reply
  2. Free Financial Calculators says:
    February 13, 2013 at 4:17 pm

    Request BESCOM to issue a fresh cheque without crossing.

    Reply

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