Has anyone successfully used a draft offer letter from a previous interview cycle to negotiate a higher CTC with a new company? Specifically, I want to know if the new company verifies the authenticity or the exact numbers of an offer letter from a firm you never actually joined during the BGV (Background Verification) process. Does this usually backfire, or do HRs just take the document at face value? Looking for honest experiences

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No, it's usually just to casually check and recalibrate what they can offer and maybe discuss with whoever needs to approve. Without that anyone can arbitrarily say anything.

It's not used anywhere by them, except the hiring hr and project (and their superior etc max)

smart

There is no established process to find out the companies you did not join and only took offer.
In BGV they send mail to your HR to find out if you were a part of that company, and also check if it's actually a valid company, no discrepancies in PF, exit history is clean, no hidden work experience that you aren't showing etc...
Don't worry even if you have offer from a 100 companies, offer is offer, it has no legal binding, you can choose to decline the offer or accept. But employment is an agreement, that's protected by statute.

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