Is cancelled cheque signed

No, a cancelled cheque should not be signed. It is strictly used for verification purposes, such as confirming your account number, IFSC code, and bank branch details. Signing a cancelled cheque is unnecessary and can increase the risk of fraudulent misuse. To correctly prepare one, follow these steps:

• Draw two parallel diagonal lines across the cheque leaf.
• Write the word CANCELLED in capital letters between the lines.
• Ensure essential details like your name and account number remain clearly visible.
• Do not fill in any other fields or add your signature.