| SL NO | TYPES OF CHEQUE | REMARKS |
| 1. | BEARER CHEQUE | THIS MEANS THE PERSON WHO CARRIES THE CHEQUE TO THE BANK HAS THE AUTHORITY TO ASK THE BANK FOR ENCASHMENT. |
| 2. | ORDER CHEQUE | THIS TYPE OF CHEQUE CANNOT BE ENDORSED, ONLY THE PAYEE, WHOSE NAME HAS BEEN MENTIONED IN THE CHEQUE IS LIABLE TO GET CASH FOR THAT AMOUNT. |
| 3. | CROSSED CHEQUE | IN THIS TYPE OF CHEQUE, NO CASH WITHDRAWAL CAN BE DONE. THE AMOUNT CAN ONLY BE TRANSFERRED FROM THE DRAWER’S ACCOUNT TO THE PAYEE’S ACCOUNT. |
| 4. | ACCONT PAYEE CHEQUE | THE AMOUNT SHALL BE TRANSFERRED DIRECTLY TO THE PAYEE’S ACCOUNT NUMBER. |
| 5. | STALE CHEQUE | IN INDIA, ANY CHEQUE IS VALID ONLY UNTIL 3 MONTHS FROM THE DATE OF ISSUE. |
| 6. | POST DATED CHEQUE | IF A DRAWER WANTS THE PAYEE TO APPLY FOR WITHDRAWAL OR TRANSFER OF MONEY AFTER THE PRESENT DATE, THEN HE / SHE CAN FILL A POST-DATED CHEQUE. |
| 7. | ANTE DATED CHEQUE | IF THE DRAWER MENTIONS A DATE PRIOR TO THE CURRENT DATE ON THE CHEQUE, IT IS CALLED ANTE DATED CHEQUE. |
| 8. | SELF CHEQUE | IF THE DRAWER WISHES CASH FOR HIMSELF HE CAN ISSUE A CHEQUE WHERE IN PLACE OF THE PAYEE’S NAME HE CAN WRITE “SELF” AND GET ENCASHMENT FROM THE BRANCH WHERE HE OWNS AN ACCOUNT. |
| 9. | TRAVELLERS CHEQUE | AS THE NAME SUGGESTS, THE TRAVELERS CHEQUE CAN BE USED WHEN A PERSON IS TRAVELLING ABROAD WHERE THE INDIAN CURRENCY IS NOT USED. |
| 10. | MUTILATED CHEQUE | IF A CHEQUE REACHES THE BANK IN A TORN CONDITION, IT IS CALLED A MUTILATED CHEQUE. IF THE CHEQUE IS TORN INTO TWO OR MORE PIECES AND THE RELEVANT INFORMATION IS TORN, THE BANK SHALL REJECT THE CHEQUE AND DECLARE IT INVALID, UNTIL THE DRAWER CONFIRMS ITS VALIDATION. |
| 11. | BLANK CHEQUE | WHEN A CHEQUE ONLY HAS A DRAWER’S SIGNATURE AND ALL THE OTHER FIELDS ARE LEFT EMPTY, THEN SUCH A TYPE OF A CHEQUE IS CALLED A BLANK CHEQUE. |
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