Yes cancelled cheque is must and no substitute.

Cancled cheque of respective bank accounts is must.

All FAQs shared below fkr reference.



https://csab.nic.in/CMS/Handler/FileHandler.ashx%3Fi%3DFile%26ii%3D146%26iii%3DY&ved=2ahUKEwjquZPY3bncAhVEpY8KHSaGCgUQFjABegQIAxAB&usg=AOvVaw3Kf7B-pMFt5a3wBndIFZ9P


https://csab.nic.in/CMS/Handler/FileHandler.ashx?i=File&ii=146&iii=Y

See the cancelled cheque is the cheque with cancelled written on it across and this renders the cheque invalid so that no one can misuse it. They ask for a cancelled checque so that they can refund the amount if seat allotment is not given or the student withdraws. There is no substitute to this.