Question

Give two differences between stale cheque and post-dated cheque.

Differentiate between: Stale cheque and post-dated cheque.

Distinguish between:

Stale cheque and post dated cheque

Answer 1

Sr.No.	Points	Stale cheque	Post-dated cheque
1	Date of Validity:	A cheque that has exceeded its validity period (often 3 to 6 months from the date of issuance) and cannot be cashed or deposited.	A cheque with a future date can only be cashed or deposited on or after that date.
2	Usability:	It cannot be used for payment or deposit once the validity term has expired.	It is intended for future use and can only be used for payment or deposit when the cheque's date arrives.