@ASMKT Sir, please note that cut-off price while bidding is meant only for retail which once opted for by ticking gives consent to bid at any price within price band though money gets blocked at highest price.
Now coming to HNI bid, cut-off feature is not permitted and therefore one needs to 'untick' the cut-off and put price manually in the bid. While you are free to bid at any price within price band offered, kindly bid at highest price only. As in your example, bid at 132 and NOT at 131.90
Hope, it clarifies !