How to Cancel Scheduled Transaction in SBI Online?

SBI offers its customers digital banking services so they can control their accounts, get access to all banking facilities, and conduct transactions without physically visiting a bank. Scheduled fund transfers were a function I had access to in my SBI account. I began searching about how to cancel scheduled transaction in SBI Yono since I wanted to reject my booked transaction. I finally spoke with the branch manager, who walked me through the entire process. I would be glad to share the same information with you.

How to cancel my scheduled transaction in SBI?

I have gone through the SBI cancel scheduled transaction process as mentioned by Tejas above. He did not, however, specify how to cancel using the SBI Yono app, so I have listed it below.

• Go to the Google Play Store and install the Yono Lite SBI - Mobile Banking.

• Open the app after it has been installed on your smartphone and sign up for mobile banking using your SBI username and password. 

• You must use the One Time Password to confirm your identity and create a PIN for the app's login.

• Now, sign in with your registered credentials to the SBI Yono app.

• Tap on the Fund Transfer button.

• Check for the Pending Transactions.

• Tap on the Cancel button for the transaction you wish to cancel. Also, provide the reasons for cancellation.

• Finally, hit the OK button to confirm the cancellation.

To avoid any potential fees, it is best to cancel the transaction well in advance. I hope you found this answer helpful.

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If you are a customer of SBI and you have a payment or transfer scheduled and you want to postpone the scheduled payment for a few personal reasons, you should then be familiar with the procedure of how to cancel scheduled transaction in SBI online. I cancelled a scheduled transaction lately, so I can recall the entire process quite vividly. I will tell you the process here.

How to cancel a scheduled transaction in SBI?

You must have a planned transaction on your online banking account before you may cancel scheduled transaction SBI. Take the subsequent actions to stop the SBI scheduled payment.

STEP 1: Visit the 

and launch the SBI internet banking login page. Using your online banking user ID and password, log into your account after entering the login screen. 

STEP 2:You are currently logged into your SBI account in step two. A "Request & Enquiries" tab will be shown in the page's top bar. On this page, click this tab.

You will see additional options on the screen when you click "Request & inquiries." Select "Scheduled transaction" from the list of options.

STEP 3: A new page will open. Three new tabs will be shown on this page. The first three are "merchant transaction," "internet banking transaction," and "mobile banking transaction." Select the tab where you scheduled your transaction by clicking on it. You may see the planned transactions for that category as soon as you click on the tab.

The scheduled transaction's reference number can be found here. The reference number is clickable.

STEP 4: The planned transaction details will appear as soon as you click on the reference number. The debited account, reimbursed account, date of payment, amount, etc. are all listed here. To cancel this transaction, click the "Cancel" button.

STEP 5: The screen will show a top-up notification. When prompted, "Are you sure you would like to cancel the transaction?" select "OK" to go through.

STEP 6: A notice informing you of the successful transaction will be displayed.

This is how to cancel a scheduled transaction in the SBI online system. Watch the video below if you enjoy audio-visual presentations. We covered the same subject in this video.

Now you know how to cancel scheduled transaction in SBI online.