Cheque Book is a booklet of documents that orders the bank to pay a particular amount of money from a person’s bank account to another bank account. The cheque is issued against the savings and current account.
A cheque number is a Six-digit number that helps to identify any cheque. The objective of adding a number in a cheque book so that banks can detect any fraud. It makes sure that one cheque is dose not present twice in the bank.
All the payment made using the cheque is a form of cashless transaction.
How to Help Find the Cheque Number.
The First Six-Digit number written at the bottom f the cheque is the cheque number. The next number is MICR (Magnetic Link Character Recognition Code). MICR code helps identify the bank and the branch. The MICR code is divided into three different parts.
- CITY code – The first 3 number in MICR represents the city.
- BANK Code – The next 3 numbers in MICR represent the BANK Code.
- BRANCH Code – The last 3 number in cheque MICR represents the branch.
After the MICR code on the cheque, the next 6 digit represents a portion of the account. The last 2 digits after the account number are the transaction ID. Transaction ID helps to know that cheque issued is local or payable at par. The format of the cheque is usually the same in all the banks.
How to Apply for New Cheque Book?
These are some easy ways to apply for a new cheque book.
- Mobile banking – Every bank has a mobile application for its customers. Login to the bank account and apply for the new cheque book. It is one of the fastest and efficient methods.
- Internet banking – It is another easy way to apply for a new checkbook. After logging into the Internet banking account and fill in the details to apply for the new cheque book. It will be delivered in 7-10 days to the registered address.