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The amount on the cheque is written both in words and in numbers, and after writing the amount in both forms, “rupees only” is typically added. Here’s why
Writing the amount on the cheque in both digits and words, followed by only, makes it difficult for anyone to alter the cheque and claim a larger amount. (News18 Hindi)
There are many rules related to making payments through bank cheques, but most people are unaware of them. This lack of awareness is often why the bank refuses to process certain payments. While most people are cautious about the signature on a cheque, do you know about the importance of writing the amount in words correctly?
The amount on the cheque is written both in words and in numbers, and after writing the amount in both forms, “rupees only” is typically added.
There are many who wonder why it is important to write these two words on a cheque. It is one of the important measures to prevent tampering with the cheque. If you write just “rupees” without completing the amount, someone could easily add extra digits or words to increase the amount to be paid.
Writing the amount on the cheque in both digits and words, followed by “only”, makes it difficult for anyone to alter the cheque and claim a larger amount. Writing “rupees only” ensures that there is no confusion about the intended amount.
This is a standard procedure followed in banking systems for security reasons to prevent fraud.
Although cheque transactions have decreased in the age of internet banking, they are still used in certain situations. Therefore, it is important to be aware of the rules associated with issuing a cheque.
