I have purchased a product from indiatimes shopping with cash on delivery as a payment method. The product was defective, was taken back and I got a Demand Draft of the amount I paid Of HDFC Bank in return(everything via postal service). Mentioned: AC Payee not negotiable and my name after that.
Now that DD was issued on January 2012 with an expiry of 6 months and was lost in my home somewhere. I found that DD now in September 2013(after 15 months from its expiry). What is the procedure to cash it now?
I have a savings bank account in SBI if that helps..
2 Answers from Attorneys
Get it revalidated by sending to the company which sent it earlier to you by sending the dd and letter by regd.post ack. due and retaining a xerox copy of your letter and the draft.
Repeat query ... already answered ... any further reply only on payment.
Related Questions & Answers
A borrower purchased a car after getting loan from a nationalized bank, and he... Asked 9/09/13, 2:05 am in India Banking Law
I wrote a cheque for rs 500 to broker.but i think in the cheque my signatures one or... Asked 9/08/13, 12:23 pm in India Banking Law
I have a Demand Draft of January 2012 from HDFC Bank which states an expiry of 6... Asked 9/08/13, 10:44 am in India Banking Law
I have a demand draft of january 2012 which was lost and i found it now fortunately.... Asked 9/08/13, 6:19 am in India Banking Law
Iam from mumbai,and since past 3 years most of the time iam in kerala. me & my... Asked 9/07/13, 11:19 pm in India Banking Law