Banking

How to cancel cheque leaf

To cancel a cheque leaf, you should draw two parallel diagonal lines across the middle of the cheque and write the word CANCELLED in capital letters between them. This process ensures that the cheque cannot be used for any monetary transactions. Follow these guidelines:
  • Ensure the lines and text do not obscure the MICR code, account number, or IFSC.
  • Never sign a cancelled cheque, as it is only intended to provide proof of your bank account details.
  • Use a blue or black pen for clarity and to prevent tampering.

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