If a Canadian financial institution inadvertently accepts and processes a cheque before the due date, the cheque writer may ask his or her financial institution to return the amount until the day before the cheque should have been cashed. Section 68 of Indian Stamp Act declares that a person who draws a post dated cheque and the person who presents a post dated cheque for payment will be liable to be fined Rs. The definition of a cheque in Negotiable instrument act as well as in Negotiable Instruments Act is - that a cheque is always made payable on demand.
It is not difficult to understand that a post dated cheque is not payable on demand.
In banking, post-dated cheque is a cheque written by the drawer (payer) for a date in the future.
Hence normally a bank will not pay a post-dated cheque.
However, if the salary of, say, college /school teachers, etc., are being received every month by a bank for creit of the accounts of the school/college teachers, in some extra ordinary cases, the bank may take a calculated risk and pass the cheques if it knows that their salary will be realised after a few days. SUBRAMANYAM, XCHANGING, BANGALORE Normally no bank will pay a post dated cheque, as payment of a post-dated cheque does not amount to payment in due course (Section 10 of the Negotiable Instruments Act, 1881) and if it pays the bank run the risk of payment being stopped by the drawer before its presentation on the due date.
State and federal laws cover the cashing and depositing of postdated checks, and laws vary from state to state.
It's not illegal to postdate a check, unless you're attempting to commit fraud.
It all depends on the decision of the branch head and the amount of risk he would like to take and the type of relations exist betweeen the teachers and the bank people.