OVERVIEW/INTRODUCTION TO POST DATED CHEQUES IN MARG BOOKS
PROCESS OF PDC (RECEIVE) IN MARG BOOKS
When depositing the cheque in bank then the user has to fill a slip in which the user has to mention the name of the bank, the branch, account number, date and party details. This process almost takes 4-5 minutes and if there are cheques 40-50 cheques, then it will take almost one hour & chances of mistakes are increased.
Bank has provided book type format in which this process is easy and can complete the process in 1-2 minutes.
Select bank to deposit the cheques from the drop down.
After following the above steps, all the PDC cheques will be posted into the bank.