Find Cheque Number Easily
Nowadays, everything is digitalized along with banking facilities using the internet as means of net banking and various other transactions between accounts. The mobile banking apps help one to carry out transactions by tapping on the screen. At a time when digital payment options are trending, cheques are also needed online. About 40% of the total population is still using cheques as a mode of transaction.
A cheque refers to a means of transaction used by one person to provide the other with the amount needed. The cheque is utilized to make it safe, secure, and convenient. The cheque can be issued against the saving and current account but for that, a cheque number is required. A cheque requires the bank account’s number along with various other details in order for the cheque to pass through.
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Identifying a Cheque Number
As mentioned above, the cheque number is the first six digital numbers written at the bottom of a cheque leaf. Each leaf has a different set of numbers to separate it from the rest of the leaves. The Next Nine Numbers is the 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 numbers in MICR represent the City.
- BANK Code: The Next 3 Numbers in MICR Represent the BANK Code.
- BRANCH Code: The Last 3 Numbers in Cheque MICR Represents the Branch.
After the MICR Code on the cheque, the next 6 digital represents a portion of the account number. The last 2 digits after the account number are the transaction ID. So, the transaction ID helps to know that cheque issued is local or payable at par. A local cheque can only be cashed with the issuing bank.
Most of the cheques are payable at par with the core banking system available at all banks. All the numbers mentioned above are written with special magnetic ink and can be read with a magnetic ink reader. To make it feasible for the user, the format of the cheque is almost the same in all the Banks.
A few essential things to note about a cheque
There is a 6-digit number given at the bottom of each cheque. Every cheque has a different unique number to prevent any others from replicating the same cheque. The purpose of the cheque number in the chequebook is to disclose any kind of trickery as one cheque can only be presented once to a bank. The status of the cheque can also be checked with the help of the cheque number. Just put the cheque number and the user can assess the status of the cheque.
To deposit a cheque received by someone, users have to fill the Bank’s Cheque Deposit Slip, where Information Like Account Number, Cheque Number & Branch are mandatory to be filled. For this, identification of the cheque number is essential.
Apply for ChequeBook
Visiting a bank for a new chequebook is unnecessary when users can apply for it online. Here are three easiest ways which can be done even at home.
Mobile Banking: Mobile banking is a service provided by various banks that allow their customers to utilize all facilities available from the comfort of their homes via smartphones or other devices. Users can just open the mobile banking account, log in to the account & apply for the new checkbook. It is one of the fastest ways to get a Cheque Book delivered to your place.
Internet Banking: Internet banking is a facility provided by various banks that allow all users of certain banks to access their account and other details via the internet. Internet banking is one of the easiest ways to apply for a new passbook. Log in to your internet banking account & fill in the details to apply for a new checkbook. Usually, the checkbook is delivered within 7-10 working days to the registered address.
ATM: Users can apply for a checkbook quite easily at an ATM. This is a simple process and one of the fastest ways to get a chequekbook. Given below are steps that will help you apply for your checkbook using an ATM:
- Go to an ATM and insert a debit card.
- Proceed to enter a pin and select the ‘issue new cheque book’ option.
- Click on submit.
- A request will be submitted and a chequebook will be mailed to the registered residential address.
Numerous people use cheques as a means for payment which is why it’s important for people to be familiar with the cheque number and other details to avoid any sort of inconvenience. You need to be well aware of who you provide your banking details to, otherwise, your account may get hacked or robbed as well and you won’t know who did it.