Bank cheque rules: If you do not write 'Only' before the amount in the cheque, what will happen is bounce, know the rule of RBI...


The government has taken many steps to connect people with banks. For this reason, today most of the population in the country has a bank account. The government also transfers the subsidy amount and assistance given to eligible persons under public welfare schemes directly into their bank accounts. A person associated with a bank also uses cheques, sometimes. You must have done it too. After filling the amount in words in the cheque, everyone writes ‘Only’ or ‘Keval’ in front of it. You too must be writing. But, do you know why it is important to do this? Will the check bounce if ONLY is not written before the amount?


Actually, ‘Only’ is written in front of the money on the check for security reasons. Writing ‘only’ or ‘keval’ in front of the amount written in words increases the security of your check and this word prevents check fraud to a great extent. Since 'Only' is written, the person to whom you are giving the check cannot arbitrarily withdraw the amount from your account through the cheque.

This is how security works
You can understand it like this also. Suppose you are giving Rs 50,000 to someone through check and while writing in Words you did not write ‘only’. This leaves a possibility that he can increase the money by writing next to the amount written by you because due to not being written only, this trick is saved on the cheque. In such a situation, you will become a victim of fraud. At the same time, while filling the amount in numbers, it is necessary to put /-. So that there is no space left in front of it and no one can add any more amount in it.


Will the cheque get bounced if not written?
A question often arises in the minds of some people that if someone forgets to write ‘Only’ on the cheque, will the check bounce? The answer to this question is no. If you do not write only or only then it will not have any bad effect on the check and the bank will accept it. This special word has a direct connection with the security of the cheque.

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