what is a cancelled cheque leaf of a/c ?
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This is normal cheque only
When you are investing in anyone of the mutual fund schemes and for some other purposes, they used to demand from you one cancelled cheque
Remove one cheque leaf from your cheque book
On the face of the cheque draw two parallel lines in the middle of cheque and write the following within the parallel lines - CANCELLED CHEQUE
Why cancelled cheque?
To find out the exact name of the bank and branch where the investor is having accountTo find out the IFSC code of the bank branchTo find out the MICR code of the bank branchTo find out the account numberAll the above details are available in the cheque
Many investors fail to produce the correct information or they provide false information and in order to avoid they require a proof in the form of one cancelled cheque.
Under any circumstances do not mention the following in the cancelled cheque
Date of the cheque Name of the payee Amount in words and figures Signature
Take a cheque on which your name and account numbers are printed. (Unless it is a first time welcome kit cheque all the cheques provided by the banks has name printed on it.)Draw 2 parallel lines from left bottom to top right diagonally. Write cancelled in between them.
Bingo!!! Your cancelled cheque with name printed on it is ready.
Financial institutions ask for cancelled cheques to confirm your account numbers along with the IFSC code, bank
To cancell a cheque Just cut the cheque with pen and writ cancelled on it. Also check whether your name is printed on the right bottom of cheque .
When you are investing in anyone of the mutual fund schemes and for some other purposes, they used to demand from you one cancelled cheque
Remove one cheque leaf from your cheque book
On the face of the cheque draw two parallel lines in the middle of cheque and write the following within the parallel lines - CANCELLED CHEQUE
Why cancelled cheque?
To find out the exact name of the bank and branch where the investor is having accountTo find out the IFSC code of the bank branchTo find out the MICR code of the bank branchTo find out the account numberAll the above details are available in the cheque
Many investors fail to produce the correct information or they provide false information and in order to avoid they require a proof in the form of one cancelled cheque.
Under any circumstances do not mention the following in the cancelled cheque
Date of the cheque Name of the payee Amount in words and figures Signature
Take a cheque on which your name and account numbers are printed. (Unless it is a first time welcome kit cheque all the cheques provided by the banks has name printed on it.)Draw 2 parallel lines from left bottom to top right diagonally. Write cancelled in between them.
Bingo!!! Your cancelled cheque with name printed on it is ready.
Financial institutions ask for cancelled cheques to confirm your account numbers along with the IFSC code, bank
To cancell a cheque Just cut the cheque with pen and writ cancelled on it. Also check whether your name is printed on the right bottom of cheque .
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