A cheque number is a unique six-digit identifier assigned to every cheque leaf in a chequebook. In India, it is primarily located at the bottom-left corner of the cheque, printed in magnetic ink as the first set of digits in the MICR line.
Its key functions include:
- Tracking the status of a specific payment or transaction.
- Maintaining a record of issued cheques to prevent fraud or duplication.
- Facilitating banking operations like stopping payment or reconciling bank statements.
- Helping users identify which cheques have been encashed by checking their passbook.