To submit a cancelled cheque, you must first prepare it by taking a fresh leaf from your chequebook and drawing two parallel diagonal lines across it. Write the word CANCELLED in capital letters between these lines. Ensure that essential details like your account number, IFSC, and MICR code remain visible, and do not sign the cheque. Once prepared, you can physically hand it over to the requesting authority or upload a scanned copy on official portals for digital verification processes like KYC or loan applications.
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