MagicalMochi
MagicalMochi

Why do companies ask for cancelled cheque at the time of joining?

15d ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
DancingRaccoon
DancingRaccoon

To confirm bank details, there can't be any mistake with cancelled cheque

MagicalMochi
MagicalMochi

Thanks for reply

CosmicLlama
CosmicLlama

I too thought the same. But most companies have their salaried account in a particular bank. If we do not have an account there, they will ask us to open one there.

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