Types of Cheque: Know, what are post dated, stale, and anti dated cheques, there is a big difference between all three..

Types of Cheque: Lakhs of people in the country use checks for money transactions, so it has become a popular means of banking payment. However, it is necessary to take some precautions while making payment by cheque. Often people are confused about the check and the methods of payment by them.

There are many types of bank checks and they are used for different purposes. Have you ever heard about stale and post-dated cheques? Often people have some confusion regarding the difference between these two checks. Let us remove this trouble of yours.

Post-dated check
Post-dated checks mean such checks which are issued for a date after a few days. This is a crossed payee or account payee cheque. Whatever the date of the cheque, it remains valid for the next 3 months from that date.

Post-dated checks are best when you do not have sufficient funds available at the time of issuing the cheque, but are confident that you will have the funds on the date or deadline specified on the cheque.

Stale Check
Stale Check Cheques, are such checks which are not encashed for the next 3 months from the date of issue. In such a situation, they expire. When a person hands over a check to the bank for payment after the expiry of the period, the bank does not pay it. An expired check is called a stale cheque.

Ante-dated check
Anti-dated cheque, which is issued on a post-dated date. If there is 3 months validity left of such a cheque, then it can be given to the bank for payment. Remember that a dated check should not be issued on such an old date that it is no longer valid, because checks are generally valid for 3 months after issue.