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How to Stop Cheque Payment in SBI?

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0 2024-06-28T13:10:28+00:00

Wondering

how to stop cheque payment in SBI.

Stopping a cheque payment in State Bank of India (SBI) involves a few straightforward steps that can be completed online or offline. Here’s a step-by-step guide to stopping cheque payment in SBI:

How to Stop Cheque Payment in SBI Online Method?

  • Visit the

    SBI online banking portal

    and log in using your credentials. 

  • Go to the "Requests" or "e-Services" tab. Select "Stop Cheque" or "Stop Cheque Payment" from the menu options.

  • Enter the cheque number you want to stop. If stopping multiple cheques, enter the range of cheque numbers. Mention the reason for stopping the cheque.

  • Review the details entered and confirm the stop payment request. A reference number or confirmation message will be provided for future reference.

Offline Method:

  • Go to your nearest SBI branch where you hold your account. 

  • Request the “Stop Cheque Payment” form from the bank representative.

  • Fill in the necessary details, such as your account number, cheque number(s), and reason for stopping the cheque. Submit the completed form to the bank representative.

  • The bank may require your signature to verify the request. The bank will process your request, and you may receive a confirmation either instantly or within a few hours.

Points to Note:

  • SBI may levy a fee for stopping a cheque payment. Check the bank’s schedule of charges for the exact fee. Ensure the stop payment request is made before the cheque is presented for payment. If the cheque has already been cleared, stopping it will not be possible.

  • Keep a record of the stop payment confirmation, as it might be required for any future disputes.

  • Stopping a cheque payment is a critical action that helps prevent unauthorised or erroneous transactions. Whether done online or offline, the process is designed to be user-friendly and efficient, ensuring your financial security.

This is

how to stop check payment in SBI.

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What is STDR In SBI and Why is it Better than TDR

0 2022-08-01T18:32:15+00:00

Hi,

I still remember how I issued a cheque for the wrong amount and wanted to stop the payment. That’s when I called a banker friend to know about the process. He told me that an SBI customer can stop the payment of an SBI cheque from the comfort of their home. There are several ways to do that. Check them out:

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How to Stop Cheque Payment in SBI Online using Net Banking

Log in to the SBI Net Banking portal

  • Tap on the 'stop cheque payment' button under the 'e-Services' section

  • Next, choose the account from which the cheque has been released.

  • After that, enter the 'start cheque number' and 'end cheque number'.

  • You need to choose the type of cheque.

  • Enter the reason to stop the cheque payment

  • The charges for this service by the bank will appear on the page. This amount will be deducted from your A/c separately.

  • Tap on 'submit' and verify the details. Tap on 'confirm'. That’s it.

  • After that, all the necessary info like the reference number will appear on the page

How to Stop Cheque Payment in SBI through YONO App

I don’t know how to stop cheque payment in SBI through SMS but there is another way to stop the cheque payment and that is through the YONO App

  • Log in to SBI Yono App

  • Tap on 'Requests’. After that, tap on 'Cheque Book' and then on 'Stop Cheque'.

  • Choose the account number.

  • Enter the start cheque no. and end cheque no.

  • Choose the instrument type.

  • Choose the stop reason.

  • Tap on 'Submit'.

  • Enter the OTP received in mobile and your requested cheque will be stopped.

Alternatively, you can visit the branch office to stop the cheque payment.

Read more:

How to write a letter for stop payment of cheque?

Does cancelled cheque require signature?

What happens if a crossed cheque is presented for payment?

How to find cheque number?

I hope now you have a complete understanding regarding how to stop cheque payment in SBI online.

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