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#FILLED OUT CHECK EXAMPLE HOW TO#
#FILLED OUT CHECK EXAMPLE SERIAL NUMBER#
#FILLED OUT CHECK EXAMPLE CODE#

#FILLED OUT CHECK EXAMPLE HOW TO#

For example, here is how to write cheque amount in words in India. Try not to leave spaces in the name, amount or figures denoting the amount, as this allows any other person to alter the cheque. Remember how to fill a cheque in India pointers in mind every time you write a cheque. Now that we know the various fields of a cheque let us move to how to write this the right way or the correct way.Īlso Read: Everyone Should Know About Different Types of Bank Cheques How to write a cheque? It helps identify the bank uniquely along with its branch or issuing bank details and the last 2 digits forming the transaction ID.

#FILLED OUT CHECK EXAMPLE CODE#

The MICR or Magnetic Link Character Recognition Code is like a barcode.

It also has the drawer’s account number mentioned here.

#FILLED OUT CHECK EXAMPLE SERIAL NUMBER#

Every cheque will have a serial number encoded from the bank’s identifying number and cheque number.

The bottom left corner has a unique cheque number known as its serial number.

You must then sign your authorised signature in the bottom right corner of the cheque as the cheque’s drawer.

While entering the amount in figures, start writing as close as possible to the box edge to prevent any number inserts. Again after writing the amount, make sure you enter ‘/-’ to prevent misuse of your cheque or alterations by adding zeros.

Any difference in the amount can mean your cheque is returned unpaid.

Also, learn how to write amount in cheque and the amount in figures and make sure both the figures and amount in words are the same.

To avoid any alterations, draw a horizontal line across the remaining space in this field.

The next important field is the ‘amount’ field, where you should mention the amount you are paying in words.

Instead, it can only be debited to the receiver’s bank account.

Ensure you cross the cheque or negate the bearer option to ensure that no cash is paid against it if your cheque is stolen.

The cheque is called a post-dated cheque when you enter a future date. You must enter the date here, and this date will be the date on which you want the money transferred, paid or debited.

On the right-hand side is the ‘date’ field or section.

This ensures no changes can be made to the title or name of the person you are paying. After writing the name, draw a horizontal line to fill the remaining space. When filling this field, ensure you spell the name correctly and enter the drawee’s bank account.

The ‘Pay’ section has a space to enter the payee’s name.

Most people write “A/c payee” between the two lines to ensure the money is credited to the bank account and works as an automatic receipt.

If the top left corner has two lines across the edge known as a crossing, then it is a directive to the payee bank to credit the amount due into the receiver’s bank account only.

The bank’s name is also called the payee bank or drawee bank, for example, State Bank of India.

So, let’s begin with how to fill cheque s. To write a cheque correctly, you must know its elements and fields.

There are many important parts to a cheque. A mistake can land you in legal and unnecessary trouble. However, you must be careful when you issue a cheque and learn how to write a cheque in India. It is a reliable option to make payments and keep your financial records. And, the best part about a cheque is it is easy to learn how to write cheque s.

You can make secure, safe, and convenient cheque payments without handling cash. Thus, you can access your bank account, transfer funds, withdraw money, and deposit money into your account using a cheque. If cleared, the amount is paid to the receiver’s bank account.When presented to the bank, a cheque goes for collection to the issuer’s bank.What is a Cheque?Ī cheque is a paper method to access your bank account and pay a specific amount to a person, company, or firm. Let’s discuss what factors should never be overlooked and the right way to fill out all the necessary fields on a cheque.Ĭheques are also called e-cheques since 2018, when amendments were made to banking processes under the IT Act and Negotiable Instruments Act. Thus, it is vital to know how to write a cheque to someone the right way.

This practice was in place before the advent of digital payment methods, and businesses now use it to make payments on a forward date and are more like a dated promissory note.

However, you can also write a cheque for smaller amounts. Cheques are the most common way to pay money, especially when the amount is over ₹20 thousand in Indian rupees.