If you have issued a cheque to someone and now you have changed your mind about the payment. Or if there are any mistakes in the cheque. Then you have the option to stop the payment. In this guide, I will tell you how you can stop cheque payment in Punjab Gramin Bank.
Before proceeding further I would like to tell you two things. The first one is the bank may charge you to stop the payment of the cheque. (service charges) The second thing is you should have a proper reason for stopping the cheque. And the third thing is you will need to have the cheque number.
The cheque stop service can be availed by the account holders only when the cheque is not cleared by the bank yet. But in case the cheque has been already cleared by the bank and you see that the money has been deducted from your account. Then there is no way you can use this service.
Steps to Stop Cheque Payment in Punjab Gramin Bank
The process that you have to follow is simple. Here you are basically contacting the bank and submitting the request to stop the payment of the cheque.
- Take your cheque book and any one of your identity proof documents with you.
- Visit your home branch of Punjab Gramin Bank.
- Speak with the bank officials and tell them that you want to stop the payment of a cheque that you have issued.
- The officials will hand over an application form to you.
- Fill the form with the details like your name, account number, and the cheque number whose payment you want to stop.
- Ask the officials about the charges that you will have to pay.
- If you are ok with the charges then sign the form and submit it to the bank officials.
- The payment of the cheque will be stopped by the bank if the cheque is not cleared yet.
Conclusion
If you need more help or information about this process then you can call the customer care of the bank on 1800 180 7777. (toll-free) Please keep in mind that the bank officials will never ask for the details like your username, password, PIN, OTP, etc. So make sure you never share such details with anyone.