Eve 1k Questions 5 Answers 1 Best Answer 160 Points View Profile EveBeginner Asked: October 15, 20202020-10-15T13:17:50+05:30 2020-10-15T13:17:50+05:30In: Money What is the difference between Stale Cheque and Post Dated Cheque? Hi, What are the differences between Stale Cheque and Post Dated Cheque? Stale Cheque vs Post-dated Cheque?? Can you cash a stale-dated cheque? Do Cheques stale date? Differences Share Facebook Related Questions What is the difference between Free Trade and Fair Trade? What is the difference between Packing and Packaging? 1 Answer Voted Recent CrazyMan 17 Questions 1k Answers 1k Best Answers 43k Points View Profile Best Answer CrazyMan Guru 2020-10-15T13:20:03+05:30Added an answer on October 15, 2020 at 1:20 pm Difference Between Stale Cheque and Post Dated Cheque Stale cheque and Post-dated cheque are two of the various types of cheques which are most commonly misunderstood. A stale cheque is a cheque that cannot be honored because the reasonable period is expired. You can get a post-dated cheque today but contains a future date for payment. Let us understand both the terms in more detail and go through the Differences Between Stale Cheque and Post Dated Cheque. According to the latest banking rules, the cheque should be submitted in the bank within the next three months, of the date which is written on it. Or in simple words, the validity of the cheque is three months from the date written on it. When the validity of the cheque expires, it becomes stale. The stale cheque can’t be honored if it is presented in the bank. Banks do not accept stale cheques. A cheque is known as a post-dated cheque if it bears a future date. Any cheque if you get today, but bear a date of next week or next month, it becomes a post-dated cheque. The post-dated cheque can be presented in the bank for clearance only on or after the date. This type of cheque is issued if the issuer has less bank balance or some other financial commitments. But the issuer is bound to pay the cheque holder on a future date. Difference Between Stale Cheque and Post Dated Cheque The stale cheque can’t be presented in the bank as it is expired; the post-dated cheque can be presented in the bank on or after the date mentioned on it. A stale cheque contains a past date, three months, or more in the past, while a post-dated cheque contains a future date. A stale cheque is not honored at all, while a post-dated cheque cannot be honored before the date written on it. The basic difference between the stale cheque and a post-dated cheque is the date mentioned on it. If the date on the cheque is yet to come, then it is called a post-dated cheque. But if any cheque is not presented in the bank within the three months of the date written on it, it becomes a stale cheque. 2 Share Share Share on Facebook Share on Twitter Share on WhatsApp Share on LinkedIn You must login to add an answer.Continue with FacebookContinue with GoogleContinue with Twitteror use Username or email* Password* Captcha* Remember Me! Forgot Password?