Which of the following numbers on the cheque should be noted to check its status?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Cheque number.
- Cheque number on the cheque should be noted to check its status.
- The cheque number of a bank in India consists of six digits, as of August 2020.
- It is a six-digit number printed at the top right corner or at the bottom of the cheque (usually the first set of digits on the MICR line). This number uniquely identifies each cheque issued by a bank account.
- Banks use this number to track the exact status of the cheque—whether it has been cleared, is pending, has been stopped, or was dishonored.
- It is essential when communicating with the bank about a specific transaction.