How to write a cheque to someone in india

Why so? Five thousand can be easily made into thirty five thousand, if you leave space before the word five. If by mistake you put in a prior date and there aren't sufficient funds in your account, your cheque might bounce. Make sure the mentioned digits are preserved within the box.

You can also find an informative post on Why a cheque bounces or gets dishonoured, over here Understanding various parts of a Cheque: What is an MICR code? If you plan to give a post-dated cheque ensure you give the right date. Do not leave blank space after the Name is written: Do not leave space between the word PAY and the Name of the Receiver or in between the name and surname in this case Joy Johnson.

how to write one lakh on cheque

Also a cheque without a date will not be passed by your bank and again will be dishonoured. Under this process there might be a special clearance fee and the bank would tell how long it will take for the amount to be cleared.

Rbi guidelines for cheque writing

Hope this post helped you all. A lot of times, it happens that you need to cancel the payment, but do not remember the details. But when it comes to your cheque, leaving space on them increases the risk of frauds and cheque tampering. Also remember that going forward; you will need to use darker ink to sign the cheque. Usually cheque book comes with a section for all this information at the back. Step 2: Gaps: It's good to give people space. Also a cheque without a date will not be passed by your bank and again will be dishonoured. This ensures additional safety of the cheque. If mistakes happen try to rectify without scribbling, and if not possible, cancel the existing cheque and write a new one carefully. It can be very basic but sometimes the most basic things are the ones which are most overlooked. Well, maybe.

Lets see them one by one 1.

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How to write a cheque in India?