Cheques, Drafts Validity Reduced from 6 months to 3 months from 1st April 2012 onwards March 24, 2012 by Rajandran Leave a Comment As per RBI Notification, 1st April 2012 onwards the vailidty of Cheques/Demand Draft/Pay orders will be reduced from 6 months to 3 months. It will be valid only for the 3 months from the date of issuance.