Banking

What is cheque leaf

A cheque leaf is an individual page from a cheque book issued by a bank to an account holder. It serves as a secure financial instrument used to make payments, withdraw cash, or transfer funds between accounts. Each leaf contains unique identifiers such as a cheque number, MICR code, and IFSC. Key components of a cheque leaf include:
  • The payee’s name
  • The specific amount in words and figures
  • The date of issue
  • The drawer's signature to authorize the transaction

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