How to Write a Cancelled Cheque Leaf

You might need to submit a cancelled cheque to prove that you have a bank account. Read ahead to learn how to write a cancelled cheque. 

What is Cancelled Cheque Leaf?

A cancelled cheque leaf is one on which two parallel lines are drawn across it, with ‘CANCELLED’ written on it. It cannot be used to withdraw money from the bank account, even if it has other details mentioned on it. 

A cancelled cheque leaf is a great way to prove that you have a bank account as well as give details like the bank account number and IFSC code so that others can send you money. But as a cheque has sensitive information, you should only give it to people or organizations that you trust.

How to Write Cancelled Cheque?

Writing a cancelled cheque is a fairly easy process. It involves two steps - 

STEP-1: Pick a fresh cheque that does not have a signature on it.

STEP-2: Draw two parallel lines across it, and write ‘Cancelled’ between them in capital letters.

Here are a few things that you need to keep in mind before you search for ‘how to cancel cheque leaf’ -

Uses of a Cancelled Cheque Leaf

Now that you know ‘how to make cancelled cheque’, you might want to know what are they used for. Here are a few uses of a cancelled cheque leaf - 

Conclusion

A cancelled cheque leaf is an important document which cannot be used to withdraw money but can be used to show your bank account number, IFSC, bank name, and branch. It is an important document to prove that you have a bank account or to authorize someone to cut EMIs or initiate an ECS from your account.

There are, however, some risks involved with giving a cancelled cheque to someone. You need to keep the following things in mind before handing out a cancelled cheque - 

How to Write a Cancelled Cheque Leaf - Related FAQs

To cancel a cheque, draw two parallel lines across the cheque and write ‘CANCELLED’ between it in capital letters.

No, you don’t need to put any details like the date, payee’s name, or your signature on a cancelled cheque.

No, a cancelled cheque cannot be encashed.

Yes, you can cancel a cheque if you need to submit it for something important.

Yes, giving a cancelled cheque to someone is safe, but always make sure to give it an authorized organization or person. A cancelled cheque cannot be encashed so it is safe. Still, it can be misused if it falls into the wrong hands.

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