In context with the various negotiable instruments in India, the bank drafts are valid for a period of

In context with the various negotiable instruments in India, the bank drafts are valid for a period of __:
[A]3 Months
[B]6 Months
[C]12 Months
[D]15 Months

3 Months
An instrument issued by one branch of a bank on another branch of the bank containing an order to pay a certain sum on demand to the person named on the draft. It is used to transfer funds and to settle outstanding balances between banks, or to provide a customer with funds payable at a bank in a different location. From 1 April 2012, cheques, drafts, pay orders and banker’s cheques are valid for only three months.

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