How to Fill Cheque in Right Way – A Step-by-Step Guide

How to Fill Cheque Without Any Mistake With Pro Tips

Are you feeling a little unsure about how to fill out a cheque? Don’t worry, you’re not alone! Filling out a cheque may seem like a simple task, but it’s essential to do it correctly to avoid any issues with your transactions. Without Filling the cheque it can be cancelled by Bank. You need to know the proper way how to fill cheque. Whether you’re paying rent, settling a debt with a friend, or making a donation, knowing the proper way how to fill a cheque is essential. In this article, we’ll guide you through the step-by-step process of filling out a cheque, making it super easy for you to handle this traditional payment method like a pro. So, before we started you should get some knowledge about a “Cheque”.

What is a Cheque?

A cheque is a written document that serves as a payment method. It is issued by a bank account holder, instructing their bank to pay a specific amount of money to the recipient or payee. Cheques typically include important details such as the date, the payee’s name, the payment amount in both numbers and words and the account holder’s signature. Cheques are commonly used for various transactions, including bill payments, rent, and personal payments, providing a tangible record of the transaction. If you don’t know How to Fill Cheque in Right Way, then read the full Article.

Key Components of a Cheque

To understand How to Fill Cheque correctly, let’s review the important parts of a cheque:

• Bank’s Information: The cheque includes the name and address of the bank.
• IFSC Code: The unique 11-digit code consisting of numerals and alphabets that identifies the bank branch.
• Payee Information: The payee’s name must be accurately and clearly mentioned.
• Date Box: Fill in the date, month, and year in the specified format (DD/MM/YYYY).
• Amount: The drawer should write the amount to be transferred in numbers in this box.
• Amount in Word: This is where the amount in words should be written. Ensure clarity and precision. Add the word “only” after the amount to safeguard against tampering.
• Account Number: Write down the account number to facilitate payment processing.
• Signature: The drawer must sign the cheque in the designated space using the same signature as used for other banking formalities. Note that some bank cheques have the drawer’s name printed, with the signature required above it.
• Amount to be Transferred: Some cheques specify the maximum amount to be drawn.
• Cheque Number: Each cheque has a unique number and a Magnetic Ink Character Recognition (MICR) code.

How to Fill Cheque Book? Step-by-Step Guide

Start with the Date

The first thing you need to do when filling out a cheque is to write the date on the line provided in the upper right-hand corner of the cheque. Be sure to use the full date, including the day, month, and year.

Write the Payee’s Name

Next, write the name of the person or company you are paying on the “Pay to the order of” line. Be sure to write the name as accurately as possible, as mistakes can cause delays or even result in the cheque being returned.

Write the Payment Amount in Numbers

After you’ve written the payee’s name, it’s time to write the payment amount in numbers in the box provided. Be sure to write the amount as accurately as possible, including both dollars and cents.

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Write the Payment Amount in Words

Next, write out the payment amount in words on the line provided below the payee’s name. Be sure to write the amount in full, including both dollars and cents. For example, if you are paying $25.50, you would write “Twenty-five dollars and fifty cents.”

Add a Memo (Optional)

If you wish to include a note about what the cheque is for, you can add a memo on the line provided in the lower left-hand corner of the cheque. This step is optional but can be helpful for record-keeping purposes.

Sign the Cheque

Finally, it’s time to sign the cheque on the line provided in the lower right-hand corner. Be sure to sign your name as it appears on the account, and use blue or black ink for best results.

How To Fill Cheque Deposit Slip?

If you have received a cheque that you want to deposit into your bank account, you will need to fill out a cheque deposit slip. Here are the simple steps to follow:

Step 1: Write the date on the deposit slip.
Step 2: Write your account number on the slip.
Step 3: Fill in the amount you wish to deposit.
Step 4: Write the cheque number on the deposit slip.
Step 5: Sign the deposit slip.

How To Fill Cheque For NEFT?

NEFT (National Electronic Funds Transfer) is a popular method of transferring funds between bank accounts. Here’s how you can fill out a cheque for NEFT:

Step 1: Write the date on the cheque.
Step 2: Write the name of the person or company you are paying on the “Pay to the order of” line.
Step 3: Write the payment amount in numbers in the box provided.
Step 4: Write the payment amount in words on the line provided below the payee’s name.
Step 5: Write the IFSC (Indian Financial System Code) of the recipient’s bank on the cheque.
Step 6: Sign the cheque.

How To Fill Cheque For RTGS?

RTGS (Real Time Gross Settlement) is another method of transferring funds between bank accounts. Here’s how you can fill out a cheque for RTGS:

Step 1: Write the date on the cheque.
Step 2: Write the name of the person or company you are paying on the “Pay to the order of” line.
Step 3: Write the payment amount in numbers in the box provided.
Step 4: Write the payment amount in words on the line provided below the payee’s name.
Step 5: Write the IFSC (Indian Financial System Code) of the recipient’s bank on the cheque.
Step 6: Write the recipient’s account number and the name of their bank on the cheque.
Step 7: Sign the cheque.

Best Practices and Additional Tips Before Writing a Cheque

Here are a few additional tips to keep in mind when filling out a cheque and How to Fill Cheque in Right Way:

• Double-check all of the information before you write the cheque to ensure accuracy.
• Be sure to have enough money in your account to cover the payment amount.
• If you make a mistake while writing the cheque, do not try to correct it. Instead, void the cheque and start over.
• Always use the phrase “only” after you’ve written the number of words.
• Never Fold the cheque Badly
• Keep your cheques in a safe and secure location to prevent fraud or theft.
• Only use a blue or black ballpoint pen or a pen that does not leak ink. Do not use a colorful pen.
• If you’re not sure how to fill out a specific section of the cheque, don’t hesitate to ask your bank for assistance.

Conclusion

Filling out a cheque with knowing the How to Fill Cheque, ensures your financial transactions proceed smoothly. By following the step-by-step guide provided in this article, you now have the knowledge and confidence to fill out cheques correctly. Remember to double-check all the information before finalizing the cheque, and keep in mind any additional requirements specific to your bank or country. By mastering this skill, you can confidently handle cheque transactions with ease and accuracy.

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