How To Fill South Indian Bank Cheque With Example

How To Fill South Indian Bank Cheque

South Indian Bank

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South Indian Bank is a large private sector bank headquartered in Thrissur, Kerala, India. This bank is called SIB. South Indian Bank was registered under the Companies Act in 1928. Opening an account in this bank is very simple. A man must be above 18 years of age to open an account. When the account is opened, the minimum amount in the account starts from 5000 rupees. Debit cards are provided by pass book for you to use the account immediately after opening the account.

Some provide a cheque book depending on the account. A cheque book is a simple way for you to withdraw money and transfer money to others. There is no charge for this cheque account unless you open it for the first time. After that you can buy it online or directly to the bank by filling the form and buying it whenever you need it. A charge of Rs 75 is charged for it. There are 25 leaves in a cheque book.

South Indian Bank Cheque

A cheque should be used very carefully. Because there are chances of the cheque getting bounced. A charge of Rs 300 is charged from the bank for such returned cheque. Using cheque is very easy. When we use a cheque, we have to clearly see what it should contain and then process the cheque. In a cheque, you need to cheque the date, the name of the person for whom you are using it, the amount in word format, and cheque that the amount is in numerical format. Then cheque the account to see if it is the same as the signature. All these should be written without any errors. The cheque should not be folded or squeezed.

How to Fill the cheque

Step: 1

A cheque is something payable on a bank.

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Step: 2

The date on which you are going to withdraw the money or give it to someone should be clearly written on the cheque. (Eg, Date should be written on the box date month year format 29-09-2016)

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Step: 3

If you are taking, write self in place of pay. If giving to someone else, write their name clearly. (Eg, Write their name SHIJU . S pay line)

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Step: 4

The amount should be written in word format. (Eg, write Twenty thousand only in rupees line)

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Step: 5

The amount should be written as a number. (Eg, Write on the box Rs.20,000/)

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Step: 6

The cheque should be signed in the same manner as you signed when the account was opened. It is better to sign the back of the cheque and then write your mobile number on the cheque. This makes the cheque process faster. It will be easy for the banker to contact you immediately for any information. (Eg, write on please sign above)

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You will surely find this information useful. A check should be used to see all these.

 

How To Fill South Indian Bank Cheque

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