Banking

How to use cheque

To use a cheque in India effectively, follow these essential steps:
  • Write the current date in DD/MM/YYYY format in the top-right corner.
  • Fill in the payee's name accurately on the Pay line.
  • Enter the amount in words, ending with Only, and write it numerically in the designated box.
  • Sign the cheque at the bottom right, ensuring it matches your bank records.
  • For added security, draw two parallel lines on the top-left corner and write A/C Payee to ensure the funds are deposited directly into the recipient's account.

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