Question

M. Salim wants to withdraw Rs 20,000 in cash for making payments. How would he write a cheque to withdraw money?

Answer 1

First, M. Salim will write the date in the space provided on the cheque. He will initiate the payment to the bank. He will write ‘twenty thousand only’ beside the printed word ‘Rupees’ in the cheque and input the amount and account number (₹ 20,000/- and 20019162063, respectively) in the given boxes. M. Salim will sign the check in the bottom right corner before depositing it at the bank’s withdrawal counter and receiving the money from the cashier.