Should cancelled cheque be signed

No, a cancelled cheque should not be signed. Its primary purpose is to verify your bank account details, such as the account number, IFSC, and MICR code, without allowing any monetary transactions. Adding a signature could potentially lead to misuse or make the cheque appear as a valid payment instruction. To properly cancel a cheque, you should:

• Draw two parallel diagonal lines across the cheque leaf.
• Write the word CANCELLED in capital letters between these lines.
• Ensure essential details like your name and account number remain clearly visible.