Does cancelled cheque need signature

No, a cancelled cheque does not need a signature. In fact, it is strongly recommended not to sign it to prevent potential misuse or forgery. The primary purpose of a cancelled cheque is to verify your banking details, such as the account number, IFSC, and MICR code, rather than to authorize a payment. To properly cancel a cheque, you should simply draw two parallel diagonal lines across the face of the leaf and write the word CANCELLED in capital letters between them, ensuring all essential account information remains clearly visible.