As we all know that we need to visit bank’s branch to make stop payment of a cheque. But now with the SBI online banking, it’s very easy to make stop payment of your cheques.
The cheque is a financial document that orders a bank to pay a mentioned amount of money to the person who is bearing that cheque and also bearing his name of the cheque. However, withdrawal is the subject maximum amount available in the banking account of the issuer of the cheque. A cheque is an important document and most of the time people prefer to pay via cheque when they need to create any record or they are in deficient of cash available to them.
The cheque is an important document but sometimes either you issue a cheque by mistake or maybe you lost a cheque signed by you. In the both cases, you need to stop payment of your cheque.
SBI online internet banking has many benefits to customers with its wide range of services one of its services include your cheques. The website is so capable that it can do any service for you. It gives you same satisfactory experience as you feel by visiting the branch office of a bank.
Here, we will learn that how can we stop payment of cheque via SBIonline banking.
Steps to stop cheque payment via SBI online internet banking
- Visit the SBI online
Visit the SBI online internet banking website by clicking on the URL link on onlinesbi.com either just by typing the name.
- Choose between the LOGIN and LOGIN lite
You will see a box personal banking on the left side of the screen. Under this, you will find two login buttons, ‘LOGIN’ and ‘LOGIN lite’.
If you are using the high-speed internet then you must click on ‘LOGIN’ but if you are using a slow speed network then you need to click on ‘LOGIN lite’. So choose a login option according to your network speed. As we are on a high-speed network so will click on ‘LOGIN’.
- Read the precaution
After clicking the ‘LOGIN’ you will see a next screen where you can read all the precautions regarding using their account with more safety and privacy. So, read and follow all the precaution carefully. And click on continue to login.
- Enter your username and password
Now you will see a screen prompting you to enter your internet banking username and password. Fill the details in it, i.e., your net banking username and password. And click on submit tab.
- Click on e-service
Once you have logged in, you should click on e-Services. You can find tab of e-services on the top ribbon on the screen.
- Stop cheque payment
When you click on e-services, the next screen appears to you. Here you can find the option named as ‘stop cheque payments’. Here you need to enter the details about the cheque a means its start cheque number and end cheque number and select a reason for making stop payments. Once you can correctly filled the information in all fields. Click on ‘submit’ tab.
After that SBI online banking website will ask to you verify the details. Please read all details carefully and now click on ‘confirm’ if you find all details are correct.
This is how you can stop the payment of a cheque via using SBIonline banking website. it is as easy as just your fingers move. So, enjoy the benefits of SBI online banking.