Cancelled Cheque: What It Is, How It Works, and When You Might Need One

 If you've ever been asked to submit a cancelled cheque, you might’ve wondered: What’s the point of handing over a cheque that can’t even be used? Surprisingly, this little piece of paper holds a lot of weight in the world of banking documentation.

✅ What Is a Cancelled Cheque?

A cancelled cheque is simply a cheque leaf that has the word “CANCELLED” written across it. It’s not signed, not filled out — just cancelled. But even without being “active,” it still shows vital banking details like:

• Your name (if printed)

• Account number

• IFSC code

• Bank name and branch

These are exactly the pieces of information that many organizations need to verify your account.

🛠️ Common Uses for Cancelled Cheques

You may need to provide a cancelled cheque when:

• Opening a salary account

• Setting up auto-debit for EMIs or utility bills

• Applying for loans or credit cards

• Completing KYC formalities

• Registering for mutual funds or insurance

It’s used strictly for verification — no money can be withdrawn with it.

✍️ How To Write a Cancelled Cheque

1. Take a fresh cheque leaf.

2. Draw two diagonal lines across it.

3. Write “CANCELLED” between the lines.

4. Do not sign or write any other details.

Simple, right? But despite its simplicity, misuse is almost impossible if you're handing it to a trusted party.

📘 Want the Full Walkthrough?

We’ve put together a complete guide breaking down everything you need to know about cancelled cheques — when to use them, how to avoid common mistakes, and real-world examples:

👉 Cancelled Cheque: A Guide to Understanding, Writing, and Using It

Whether you’re navigating banking for the first time or just brushing up your knowledge, this guide gives you everything in one place.

---

Хочешь — могу сразу подготовить HTML-код этого поста под Blogger, чтобы просто вставить.