How to Stop Cheque Payment in Dhanalakshmi Bank (Online)

Overview of Cheque

Cheque is a negotiable instrument that promises its bearer/ payee a payment of a particular amount on furnishing the document to the bank with in a specified date. It is used to make a non-cash, secured and convenient payment. There are following 3 parties involved in a cheque:

  1. Drawer: person who write a cheque
  2. Payee: person to whom the drawer issues the cheque
  3. Drawee: bank where the cheque needs to be presented for payment

What is Stop Payment of Cheque?

Stop Payment of Cheque is an official request by the customer to the bank to stop payment of the cheque which is already issued but whose payment has not yet been processed. This request is made to the bank by the cheque issuer i.e. the account holder. The request of stop payment of a cheque placed by an account holder is entertained immediately by the bank.

Stop Payment request is made by the bank account holder who has issued a cheque but does not want to honour or clear the cheque. Such a request will be enacted only when the cheque has not been processed. After receiving your request, the bank will immediately flag the cheque you requested for stop mark. Afterwards, if anyone tries to encash it or deposit it, it will get rejected by the bank with a reaso "Stop Payment by the Account Holder".

Cheque Stop Payment Charges in Dhanalakshmi Bank

The bank levies some charges for making a stop request of cheque which varies from bank to bank. The minimum charges will be Rs. 100 and the maximum charges will be Rs. 500 which are levied on the basis of the condition and the amount of cheque. Such charges will automatically be debited from your account by the bank.

Reasons for Stop Payment of Cheque

There are many reasons for stop payment of cheque. The account holder can provide stop payment of cheque instruction on any of the following grounds:

  • Insufficient amount in account holder's bank account to honour the cheque
  • Cheque is misplaced
  • Item received from the supplier is found defective
  • If you have cancelled the order after issuing the cheque
  • The cheque bears some written mistake

Who can Stop Payment of a Cheque? Stop Cheque Payment Request to Dhanalakshmi Bank?

  • Individuals: Individual account holder needs to submit the request to stop cheque payment
  • Joint Account: Anyone or all account holders need to submit the request to stop cheque payment
  • Proprietorship: Proprietor needs to submit the request to stop cheque payment
  • Partnership Firms: Anyone or all partners need to submit the request to stop cheque payment
  • Company: Anyone of the authorised signatories needs to submit the request to stop cheque payment

How to Stop Cheque Payment in Dhanalakshmi Bank?

There are following 4 ways through which you can stop cheque payment in Dhanalakshmi Bank:

  1. Call the Customer Care Helpline Number of Dhanalakshmi Bank
  2. Online Request through Dhanalakshmi Bank Web Portal
  3. Visiting Personally to the Dhanalakshmi Bank Branch
  4. Through Dhanalakshmi Bank Mobile App

How to Stop Cheque Payment in Dhanalakshmi Bank by Calling the Customer Care Helpline Number?

Following is the step by step process to Stop Cheque Payment in Dhanalakshmi Bank by Calling the Customer Care Helpline Number:

  • You need to call the Customer Care Helpline Number through your regustered mobile number
  • Make a request to stop payment of the cheque
  • The customer service executive may confirm the genuineness of the account holder by asking for your account number, name, address, date of birth, etc.
  • After successful confirmation, he will tell the process of registering the stop payment request
  • You need to follow the process in order to register your request

How to Stop Cheque Payment Online in Dhanalakshmi Bank?

Mentioned below is the step by step process to Stop Cheque Payment in Dhanalakshmi Bank Online through Web Portal:

  • Pre-requisite for using online facility is that you must have Internet Banking Services activated for your account
  • Visit the official website of Dhanalakshmi Bank
  • Log in to your internet banking account using customer id and password
  • Select the desired option of "stop payment of cheque" from the menu
  • Enter the necessary details of the cheque which needs to be marked stop. This information includes cheque number or cheque series number, reason for marking stop payment, etc. Enter these cheque details very carefully.
  • Submit the request

How to Stop Cheque Payment in Dhanalakshmi Bank By SMS?

Dhanalakshmi Bank allows you to stop cheque payment by sending SMS to the bank with your register mobile number. In order to do so, you must register your mobile number with your respective bank. If you don't send SMS from register mobile number the SMS will not be considered as valid SMS by the bank.

There are some predefined SMS codes provided by the bank to perform such operations. These are the reason codes which you need to include in the SMS to stop check payment. You can find SMS codes from your respective bank's websites.

How to Stop Cheque Payment in Dhanalakshmi Bank by Visiting Bank Branch?

If the facility of marking "stop payment of cheque" is not available online, then you will need to visit the branch personally where you have your account.

Following is the step by step process of Stop Cheque Payment in Dhanalakshmi Bank by Visiting Personally to the Dhanalakshmi Bank Branch:

  • Visit the branch personaly where you have your account
  • You need to obtain the form used for "stop payment of cheque"
  • Fill up the form properly and give the following information:
    1. Account holder's information
    2. Cheque Number
    3. Cheque Date
    4. Cheque Amount
    5. Cheque issued in whose favour i.e. name of the beneficiary
    6. Reason of Stop Payment
  • Submit the form
  • Once the bank receives a stop payment request, it will mark a stop payment flag against the particular cheque

How to Stop Cheque Payment in Dhanalakshmi Bank through Mobile App

Many banks offer the facility to place a request to Stop Cheque Payment through their Mobile App. This option is available for customers who have login details of bank's mobile banking app and have activated the same. Check, if your bank also offers the facility to place a request to Stop Cheque Payment through its Mobile App. If yes, you need to perform following steps.

  1. Login to mobile banking app using your login credentials
  2. In the main Menu, search for 'Service Request' option and click on it
  3. Click on 'Cheques' option
  4. Now click on 'Stop Cheque'
  5. Select one option from 'Single Cheque' or 'Multiple Cheques'
  6. Enter cheque number/s which you want to stop
  7. Select your account number and the reason from drop-down
  8. Click on 'Submit' button

It is also important to note that you can stop cheque payment only when it is not cleared yet. So you should first check the status of the cheque and if it is not yet cleared then only go for stop payment request.

Points to Remember towards Stop Cheque Payment in Dhanalakshmi Bank

  • There may be chances that after some days, you may wish to cancel the stop payment request and honour the issued cheque for which you made stop payment request. In that case, you can submit a request to 'Revoke Stop Payment' and submit that request to your bank with the details of the cheque which you want to honour now.
  • Some banks also provide the facility to make stop payment request through their mobile app also.

Stop Cheque Payment in other Banks

Allahabad BankAndhra Bank
Bank Of BarodaBank Of India
Bank Of MaharashtraBharatiya Mahila Bank
Canara BankCentral Bank Of India
Corporation BankDena Bank
Idbi BankIndian Bank
Indian Overseas BankOriental Bank Of Commerce
Punjab National BankSyndicate Bank
Uco BankUnion Bank Of India
United Bank Of IndiaVijaya Bank
State Bank Of IndiaState Bank Of Mysore
State Bank Of HyderabadState Bank Of Patiala
State Bank Of TravancoreState Bank Of Bikaner And Jaipur
Punjab And Sind BankExport Import Bank Of India
Zila Sahakari Bank LtdAxis Bank
Bandhan Bank Catholic Syrian Bank
City Union Bank Dcb Bank
Dhanalakshmi BankFederal Bank
Hdfc BankIcici Bank
Idfc First BankJammu And Kashmir Bank
Indusind BankKarnataka Bank
Karur Vysya BankKotak Mahindra Bank
Laxmi Vilas BankThe Nainital Bank
South Indian BankTamilnad Mercantile Bank
Yes Bank