State Bank of India is one of the prestigious banks in the nation that offers a wide range of banking products and financial services to customers. Savings account, personal loan, credit cards, debit cards, a variety of loans, chequebook provision for different bank accounts, fixed deposits, and more. Despite the rapid advancement in technology, most people have been still using the chequebook to make huge transactions from one account to another account.
Do you know how to fill SBI Cheque? If you are a beginner then, you might not be aware of the procedure on how to write SBI cheque. To make a money transfer or withdraw a huge amount from your bank account then, you must fill out a cheque and submit the same at the corresponding branch. In the current epoch, most people are aware of using a variety of mobile apps and UPI-based apps for money transactions.
With the evolution of digitalization, everything has gone online and as a result, the current generation youth may not be familiar with manual banking activities like writing cheques, submitting them at the banks, and more. To help such folks, we have come up with an in-depth guide about How to Fill SBI Cheque. Have a glance!
Table of Contents
How to Write Payee Cheque in SBI?
If you are seeking to send money to some other person then, you must write a payee cheque by mentioning the recipient’s name on the cheque. One must definitely know How to Fill Cheque SBI to evade some issues like cheque bounce, incorrect information, and more. At the time of filling an SBI Cheque, the customers must carefully write all the details precisely such as the account number, signature, name, amount to be withdrawn/transferred, and others. We can find 5 different fields that must be filled in the cheque whether it is a payee or self cheque. Check the detailed procedure on How to Fill Cheque SBI as a payee furnished below:
On the top right corner of the SBI Cheque, you can find the Date field. Write the date on which you are submitting the cheque at the bank in DDMMYYYY format. Each number should be written in separate boxes. [For example, if you want to write 24 January 2022 then, write in this way: 24012022].
2. RECIPIENT’S NAME
Below that, you can find a field ‘PAY’. In that field, you must write the person’s name to whom you are paying the cheque i.e., transferring money through the cheque. In case, you are seeking to send the money to a company then, you must mention the company’s name in the PAY field. Make sure you enter the exact name of the company before writing a cheque.
In the case of an individual, the first and last name of the person should be written correctly. If you are writing an organization name then, you should write its full name without any shortcuts unless and until you have been permitted.
3. AMOUNT in WORDS
Just below the Pay field, you can find the ‘RUPEES’ field. In this field, write the amount [In Words] you wish to send to the recipient. [For example, if you want to send an amount of Rs. 25000 then, you must write as follows: Twenty Five Thousand Only/-]. It is quite important to end the amount written in words with ‘/-‘ to constrain any other person from adding extra numbers.
4. AMOUNT in NUMBER
In the next field, you must enter the amount in Rupees i.e., in numbers in the specified box. Make sure you write the amount within the box without crossing the box. End the amount in numbers with a running line i.e., ‘/-‘. [For example, if you want to send an amount of 25000 then, write 25,000/-].
At the bottom right corner of the cheque, you must sign above the mark that says ‘Please Sign Above’. Make sure you sign on the cheque exactly the way you signed already at the time of account opening in SBI. Your signature will be in the records of SBI bank. Sign carefully without overwriting.
Once you are done filling all the fields on the cheque, you must make an additional signature on the back of the cheque. This helps the bank officials to match your signature on both sides of the cheque. You must write your registered mobile number linked to your SBI bank below the signature on the backside of the cheque.
Another noteworthy point is that, when you are writing a cheque to 3rd party, you should mention A/C Payee at the top left corner of the cheque so that the amount will be credited directly to the third person’s account itself.
How to Write Self Cheque in SBI?
Want to know How to Write a SBI Cheque? If you want to withdraw cash from your bank account using a cheque then, you must write a SELF Cheque. In such situations, you must write ‘SELF’ in the payable field of the cheque. One should follow specific measures at the time of filling a cheque for various purposes such as money withdrawal or money transfer.
Some of the key fields such as the recipient’s name, current date, amount value, etc., should be written and checked carefully before submitting at the branch. Check the detailed procedure on How to Fill SBI Cheque for Self Withdrawal furnished below:
Initially, write the date in DDMMYYYY format on the top right corner of the cheque.
In the ‘PAY’ field, you must write ‘SELF’ in the given space as you are planning for a self withdrawal. This is the only field that varies from the payee cheque with the self cheque.
3. AMOUNT IN WORDS
In the next field, you must fill in the value of the amount that you are seeking to withdraw from your account. You must enter the amount in words and end it with ‘Only’.
4. AMOUNT IN NUMBERS
Further, you must write the amount in numbers and end it with ‘/-‘ so that no other person can add an extra number next to the amount.
The signature of the account holder on the cheque plays a vital role whilst money withdrawal or money transfer. It is considered as proof of permission given by the account holder for cash withdrawal. At the bottom right corner of the cheque, you must sign at the dedicated place that says ‘Please Sign Above’. Make sure you have signed the cheque exactly the way you have signed for the first time i.e., for the bank records.
Self-Cheque Withdrawal Limit SBI is usually capped at Rs. 1 Lakh. On the other hand, when some third-party person withdraws the amount through cheque then, the withdrawal limit will be capped at Rs. 50000.
How to Write Cancelled Cheque in SBI?
What is an SBI Cancelled Cheque? A cancelled cheque holds some immense significance in various banking services. A Cancelled Cheque is referred to as a cheque that comprises two parallel strike marks on it alongside the ‘Cancelled’ words written on the cheque. Is there any value to the cancelled cheque? Usually, this type of cheque is given to the bank authorities as proof for account opening with SBI.
Two parallel lines will be drawn on the cheque and the word ‘CANCELLED’ in BOLD Letters must be written within the lines on the cheque diagonally. An SBI Cancelled Cheque comprises the account number, bank name, name of the account holder, IFSC code, and MICR Code of the Bank. A cancelled cheque is not only issued at the SBI bank or any other bank but also issued in various fields as proof of the account holder. Follow the simple steps furnished below to learn how to write an SBI Cancelled Cheque.
- Initially, get a fresh cheque from your SBI Cheque book.
- Make sure you don’t write anything or sign anywhere on the cheque.
What to write on the cancelled cheque?
- You must write the word ‘CANCELLED’ between the two diagonally drawn parallel lines on the SBI Cheque in bold letters.
- You must draw two parallel lines on the cancelled cheque either with a blue pen or black pen. Make sure you draw these two lines from one end to the other end of the cheque.
- Draw the two parallel lines broadly so that there will be adequate space between the lines to write the cancelled word between them.
- You need not write the date, account holder’s name or self, amount value, and signature on the cancelled cheque.
- Draw the parallel lines in such a way that those lines don’t cover the account number on the cheque, IFSC Code, and MIRC Code, branch, and name of the bank.
- Unlike the pay cheque and self cheques, you need to not sign the cancelled cheque.
No one can withdraw cash using a cancelled cheque. However, there is a great risk of fraud activities that might occur using the cancelled cheque. Make sure that you don’t sign the cancelled cheque and hand over the same to the concerned banking authority to be on the cautious side.
That’s all! This is everything you need to know about the procedure on How to Fill SBI cheques. We have covered the detailed procedures to fill SBI Pay Cheque, Self Cheque, and Cancelled Cheque in this guide. If you still have any doubts or queries regarding this topic, just ask us in the comments space. Stay tuned to this website to learn more about the SBI bank accounts, variety of bank accounts, etc.