How to Deposit Cheque in Bank: Step-by-Step Guide 2024

Process of How to Deposit Cheque in Bank: Clear It Up Today! (Mobile & ATM Deposits Too!)

Do you ever think about the process of depositing cheques in a bank? Depositing a cheque is a simple yet important task that allows you to access the funds written on the cheque. There are different processes available for depositing cheques in a bank, ensuring a hassle-free experience. Whether you choose to visit a bank branch, use a mobile app, an ATM, or mail-in option, depositing cheques has become increasingly convenient in today’s digital age. In this guide, we will provide you with an easy-to-understand step-by-step process on How to Deposit Cheque in Bank using different methods.

What is a Cheque Deposit Slip?

A cheque deposit slip is an essential document used to deposit a cheque in a bank. It provides necessary information to the bank regarding the depositor’s account and the amount being deposited. To fill out a cheque deposit slip, follow these steps:

Before the deposit slip typically requires the following information:

• Your name and account number
• The date of deposit
• The amount you are depositing
• The cheque number
• The account number from which the cheque is drawn

Process of Submit Cheque Deposit Slip on Bank

Depositing a cheque in a bank is to fill out a cheque deposit slip. It is a form that tells the bank where the money is supposed to go and what account it should be credited to.

Step 1: Fill out the Cheque Deposit Slip

1. Write your name: Write your full name or the name mentioned on your bank account on the designated line. Make sure to write legibly using clear and neat handwriting.
2. Account number: Enter your bank account number accurately. Double-check the number to avoid any errors that could result in the cheque being deposited into the wrong account.
3. Date of deposit: Write the date on which you are depositing the cheque. This will be the current date.
4. Cheque details: Record the cheque details on the slip. Include the cheque number, date on the cheque, and the amount. Cross-check the details on the cheque to ensure accuracy.
5. Account to be credited: Indicate the bank account you want the cheque amount to be credited to. Provide the account number and any other required details.
6. Signature: Sign the slip at the designated spot to authenticate the deposit. Make sure your signature matches the one on file with the bank.

Once you have filled out the deposit slip, you are ready to proceed to the next step.

Step 2: Choose a Method of Deposit

There are various methods to deposit a cheque in a bank. The most common methods are as follows:

Method 1: Deposit the Cheque at the Bank Counter

You can deposit your cheque by visiting the bank and handing it over to the teller at the counter. The teller will verify your details, process the cheque, and credit the amount to your account.

Method 2: Online Cheque Deposit

You can deposit a cheque online through your bank’s mobile app or website. You need to take a picture of the front and the back of the cheque and upload it to the bank’s website or mobile app. The bank will verify the details and credit the amount to your account.

Method 3: Cheque Drop Box

Many banks have cheque drop boxes, where you can drop the cheque along with the deposit slip. Ensure that you have filled the deposit slip accurately and attached it with the cheque before dropping it in the box.

Method 4: Cheque Deposit on ATM

Cheque deposit through an ATM is a fast and convenient process. To deposit a cheque, simply insert your debit card into the machine, select “Deposit,” and choose the account you want to credit the cheque amount. Enter the cheque details accurately, insert the cheque, and complete the transaction. Collect the receipt for your records as proof of the deposit. This method offers the benefit of depositing cheques outside banking hours, making it a convenient option.

Step 3: Deposit the Cheque

After choosing the method of deposit, you can deposit your cheque. If you are depositing your cheque in person at the bank counter, ensure that you carry your original government-issued ID for verification. Hand over the cheque and deposit slip to the teller, and wait for the transaction to be processed.

If you are depositing your cheque online, follow the instructions provided by the bank’s website or mobile app. Remember to take a clear picture of the front and back of the cheque.

If you are depositing your cheque through a cheque drop box, ensure that you have filled the deposit slip accurately and attached it to the cheque. Drop the envelope containing the cheque and deposit slip into the box provided by the bank.

Step 4: Collect the Acknowledgment Slip

After depositing the cheque, collect the acknowledgment slip from the teller or the drop box. This slip contains the reference number of the transaction, the amount deposited, and the date of the transaction. Keep this slip safe, as it may be asked by the bank in case of any queries.

How to Deposit Cheque in Bank Online?

Online cheque deposit is a convenient way to deposit a cheque without physically visiting the bank. Different banks may have slightly different procedures, but the basic steps are as follows:

1. Login to your online banking platform or mobile banking app.
2. Navigate to the cheque deposit section. This might be found under the “Services” or “Deposit” tab.
3. Choose the account to which you want the cheque amount to be credited.
4. Capture images of the front and back of the cheque using your smartphone’s camera or scanner.
5. Upload the images following the instructions provided. Make sure the images are clear and legible.
6. Verify the details and confirm the deposit.
7. Keep the acknowledgment or reference number for future reference.

How to Deposit Cheque in Bank Drop Box?

Some banks provide drop boxes for cheque deposits. The process varies slightly across banks, but generally, the following steps apply:

1. Fill out the cheque deposit slip accurately.
2. Attach the cheque to the deposit slip.
3. Find the designated drop box at the bank premises.
4. Ensure that the envelope containing the cheque and the deposit slip is securely sealed.
5. Deposit the envelope into the drop box.
6. The bank staff will collect the envelopes periodically, verify the details, and process the cheques for credit.

How to Deposit Cheque on ATM?

Another convenient method to deposit a cheque is through Automated Teller Machines (ATMs). Here’s the process how to deposit a cheque using an ATM:

1. Locate an ATM: Find a nearby ATM that offers cheque deposit facilities. Ensure it accepts cheque deposits as not all ATMs have this feature.
2. Insert your card: Insert your debit card into the ATM and enter your PIN.
3. Select “Deposit”: Look for the option that says “Deposit,” usually displayed on the main screen or under “More Options.”
4. Choose the account: Select the account in which you wish to deposit the cheque amount.
5. Enter the cheque details: The ATM screen will prompt you to enter the details printed on the cheque, such as the cheque number and the amount. Follow the instructions and input the details accurately.
6. Insert the cheque: Insert the cheque into the designated slot provided by the ATM. Ensure that the cheque is properly aligned and not folded or wrinkled.
7. Confirm and complete the transaction: Review the details you have entered and confirm that they are correct. Once you are satisfied, select “Deposit” or “Finish” to complete the transaction.
8. Collect receipt: The ATM will process the cheque and provide you with a printed receipt. This receipt serves as proof of deposit. Make sure to keep it for your records.

How to Deposit Cheque in ICICI Bank?

CICI Bank offers multiple options for cheque deposits. Here’s a step-by-step guide for depositing a cheque in ICICI Bank:

1. Branch visit: Visit the nearest ICICI Bank branch with the cheque you want to deposit.
2. Fill out the cheque deposit slip: Follow the instructions mentioned earlier for filling out the cheque deposit slip.
3. Submit the cheque and deposit slip: Hand over the completed cheque deposit slip and the cheque to the bank teller.
4. Verification and processing: The bank teller will verify the details on the cheque and the deposit slip. After verification, the cheque amount will be credited to your account.

How to Deposit Cheque in HDFC Bank?

To deposit a cheque in HDFC Bank, you can follow these steps:

1. Visit the HDFC Bank branch where you hold an account.
2. Fill out the cheque deposit slip with the necessary information.
3. Submit the cheque and the filled deposit slip to the bank teller.
4. After verifying the details, the bank will process the cheque and credit the amount to your account.

How to Deposit Cheque in Bank of Baroda?

To deposit a cheque in Bank of Baroda, follow these instructions:

1. Visit your nearest Bank of Baroda branch.
2. Fill out the cheque deposit slip accurately.
3. Submit the cheque and the deposit slip to the bank teller.
4. The bank will verify the details and process the cheque for credit to your account.

How to Deposit Cheque in Bank of India?

Here are the steps to deposit a cheque in Bank of India:

1. Go to your nearest Bank of India branch.
2. Fill out the cheque deposit slip with the required information.
3. Hand over the cheque and deposit slip to the bank teller.
4. After verification, the bank will process the cheque for credit to your account.

How to Deposit Cheque in SBI Bank?

To deposit a cheque in State Bank of India (SBI), you can follow these steps:

1. Visit your nearest SBI branch.
2. Fill out the cheque deposit slip accurately.
3. Submit the cheque and the deposit slip to the bank teller.
4. The bank will verify the cheque and process it for credit to your account.

Remember to keep the acknowledgment slip or reference number provided by the bank as proof of deposit for future reference.

Conclusion

Depositing a cheque in a bank may seem daunting, but it is a simple process if you follow the steps mentioned above. Ensure that you fill out the deposit slip accurately and choose the appropriate method of deposit. Always remember to collect the acknowledgment slip for future reference. By following these simple steps, you can deposit a cheque and credit the amount to your account with ease.