How to Write 'One Lakh' or 'One Lac' on a Cheque
When writing a cheque, it is crucial to ensure that the amount is clearly represented both in numerical and written form. This practice not only helps in avoiding misunderstandings but also ensures smooth processing by banks. In this article, we will guide you through the process of writing 'one lakh' or 'one lac' on a cheque accurately.
Understanding 'Lakh' and 'Lac'
In Indian English, especially in formal contexts, 'lakh' (lac) is used to denote the numeral 100,000. Both terms are widely understood and accepted, although 'lakh' is more commonly used in writing. However, 'lac' is also prevalent in some regions. This guide will provide detailed instructions on how to write these amounts on a cheque.
Writing 'One Lakh' or 'One Lac' on a Cheque
The process of writing 'one lakh' or 'one lac' on a cheque involves both the numerical and written format. Here are the steps and examples provided:
Writing the Numerical Amount
1. For 'One Lakh':
To write 'one lakh' in figures, use the numeral 100000.
Example:
Numerical: 100000
Words: Rupees One Lakh only
Writing the Written Amount
2. For 'One Lac':
'Lac' is an alternative spelling of 'lakh.' While less common, it is still understood in Indian contexts.
Example:
Numerical: 100000
Words: Rupees One Lac only
Ensuring Accuracy and Clarity
1. Always write the amount in a legible and consistent manner to avoid confusion. Avoid any alterations to the amount after it has been filled out.
2. Match the amount in words with the numerical amount to prevent discrepancies.
Examples on Cheque
1. For 150000:
Numerical: 150000
Words: Rupees One Lakh Fifty Thousand Only
2. Using Lac:
Numerical: 150000
Words: Rupees One Lac Fifty Thousand Only
Conclusion
Properly writing 'one lakh' or 'one lac' on a cheque is essential for clarity and to prevent any issues with bank processing. By following these guidelines, you can ensure that your cheques are processed smoothly and accurately.