It is a matter of the fact that we need to visit our respective bank’s branch to get the stop payment of a cheque done. However, now with SBI internet banking, it’s very easy and accessible to do stop payment of your cheques from the convenience of your home.
The cheque is, in fact, a financial document which orders the bank to pay the specified amount of money to the person to whom the cheque belongs and also has his name mentioned on the cheque. However, withdrawal is subject to the amount that is actually available in the banking account of the issuer of the cheque at that given time. A cheque is a crucial document and most of the time people opt to pay through cheque when they are in need of creating a record or they have limited or less cash available to them.
The cheque is a crucial document but there are times when you either issue a cheque by mistake or probably you, unfortunately, lose a cheque that was signed by you. In both these cases, you need to stop payment of your cheque.
SBI internet banking
SBI internet banking is on a digital platform and has several advantages that it offers to its customers, along with its wide array of services wherein one of its services includes your cheques. The website has so much of potential and is so highly capable that it can perform any service for you. It gives you similar accessibility and satisfactory experience like you would receive by visiting the branch office of a bank.
Here, you will also learn how you can stop payment of cheque simply through the convenience of SBI online banking.
STEPS TO STOP CHEQUE PAYMENT USING SBI ONLINE INTERNET BANKING
Step 1: Visit the SBI online internet banking website. In order to do this you have to click on the URL link on onlinesbi.com by just typing the name.
Step2: Go to the SBI online banking website and select between the LOGIN and LOGIN lite options.
Step3: You will see a box named personal banking which is situated on the left side of the screen. Under this option, you will find two login buttons, one called ‘LOGIN’ and the other called ‘SBI LOGIN lite’.
Step4: Select between the two alternatives login and login lite. If you are utilizing the high-speed internet, then you should click on ‘LOGIN’ but if you are using a slow speed network then you require to click on ‘LOGIN lite’. So select a login alternative as per your network speed. Most of them are on a high-speed network so they will click on ‘LOGIN’.
Step 5: Go through the precautions thoroughly.Post clicking the ‘LOGIN’ option you will see the next screen where you will be able to read all the precautions about using their account with perfect safety measures and privacy. So, ensure to read and follow all the precautions very carefully. After reading, click on continue to login.
- First, enter your username and password.
- Now you will see a screen asking you to enter your online credentials that are banking username and password.
- Fill in the details properly in it, that is your online banking username and password.
- Then click on the submit tab.
Click on the internet service.
Once you have logged in, you will click on the e-Services. You can then search a tab of e-services on the top ribbon of the screen.
Stop cheque payment
After clicking on e-services, the next screen will appear in front of you. On this screen, you will see the option titled as ‘stop cheque payments’. Here you need to fill in the details of the cheque such as the start cheque number and end cheque number. Then, you need to select a reason to make stop payments. Once you have properly filled all the information in each and every field, click on the ‘submit’ tab.
Post this SBI internet banking website will ask to you verify the details. Kindly ensure to read all the details very carefully and only then click on the ‘confirm’ option after you are certain that all details are correct.
In this manner, you will be able to stop the payment of a cheque by using the SBI online banking website. It is extremely easily accessible and convenient only at the tip of your fingers. So, make sure to enjoy the advantages of SBI online banking.
This website is not in any way affiliated with “State Bank of India”. SBI Online is not an official website of State Bank of India. It is actually developed to provide convenient access to customers who want to use banking services. Kindly ensure you do not disclose any personal informations like Usernames, Passwords, Aadhaar Card number, Social Security Numbers, Bank Account Numbers or any other type of personal information here.