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As personal loans become increasingly accessible in the country, many borrowers are often found questioning the importance and necessity of providing a blank cheque during the submission of loan ...
A person cannot escape criminal liability for bouncing of a blank cheque issued as surety against a credit transaction, ruled the Bombay High Court recently. A person cannot escape criminal ...
Not all lenders demand a blank cheque for personal loans. Explore the risks, legal aspects, and safer digital repayment options like ECS, NACH, and Standing Instructions to stay protected.