MICR Code: It is a 9 digit Magnetic Ink Character Recognition Code, it consists of unique characters printed on the cheque and enables faster processing.Below is the information a typical cheque usually consists of: Have you wondered HOW the cheques actually get processed? What all information does a cheque consists of, to make it process faster to the beneficiary?Īpart from the obvious information such as the name of the person you would like to make a payment, cheque signature, the amount of money in words and in numbers, and the date you wish to issue the cheque. I.Let’s understand the Anatomy of a Cheque General Safety measures to be taken in your Cheque. No overwriting, scribbling or erasing/cutting anything to rewrite. The 5-Steps Checklist while writing your Cheque.ġ.
Let’s understand the Anatomy of a Cheque.
WRITING A CHECK EXAMPLE HOW TO
Let’s learn how to write a cheque in India! Table of Contents This article will help you keep the necessary precautions and avoid making all the major mistakes while writing a cheque. Many such events are recorded by the banks on a routine basis! This is a comprehensive study of do’s and don’ts from tearing a cheque leaf from a book to the final cheque signature and everything in between.īut many times people end up writing cheques loosely, which leads to major fraud and cheating. But there are many who shy away from asking questions like, how to write a cheque? where to sign on the cheque? If I ask you how to write a cheque? the answer would probably be Writing a cheque is the easiest thing to do, right? For many people, it’s a routine task.
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