Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Why the PF department asks for a cancelled cheque leaf? it is because they want to conform the name, Account No and IFSC. Even if it is not cancelled, they will accept it.They ask for cancelled one because a cancelled cheque cannot be used by anybody. Alternatively,you can send the bank Passbook front page where these details are available. The old cheque leaf may not contain the required information like IFSC. Hence that cannot be used.