Lakh vs Lac in cheque: RBI’s big name, if written wrong the cheque will be returned
Lakh vs Lac in cheque: RBI’s big name, if written wrong the cheque will be returned – Advertisement – Cheque Spelling rule: Many people get confused between ‘Lakh’ and ‘Lac’ when writing the amount on a Cheque. ‘Lakh’ is part of the Indian numbering system, and according to the RBI, ‘Lakh’ should officially be used. […]