In order to prevent frauds committed through the tampering or alteration of cheques, the Reserve Bank of India (RBI) has implemented Positive Pay System (PPS) for all modes of cheque payments.
In the Positive Pay System, the drawer of the cheque reconfirms the cheque’s essential details to the bank, which the bank then compares to the presented check when processing the payment.
State Bank of India (SBI) customers who wish to use the service must first register their cheque-operated accounts for the Positive Pay System through one of our branches by submitting an application in the prescribed format.
There are additional channels available for registration, including Mobile Banking (YonoLite), Retail Internet Banking (RINB), Corporate Internet Banking (CINB), and YONO (Mobile App).
According to the SBI website, “ Customers need to select an account level limit for registration. This can be any amount depending on customers’ risk perception. However, Bank is planning to make Positive Pay System mandatory for Savings Bank account cheques of Rs.5 lakhs & above and all other account type (Current Account/Cash Credit/Overdraft) cheques of Rs.10 lakhs & above. As such, once the mandatory clauses are made effective, maximum account level limits which can be selected would be the amounts mentioned above. All the registrations already made above the mandatory limits would be brought down to the mandatory level on the effective date.”
How to submit SBI positive pay cheque details online
Step 1: Login to SBI internet banking
Step 2: in home page, go to ‘Request and Enquiries’
Step 3: Click on ‘Cheque Book Services’ > ‘Positive Pay System’
Step 4: Navigate to ‘Cheque Lodgement’ Tab
On the Cheque Lodgement page, select the account no, cheque no instrument type (select the value as printed on the cheque.), amount, payee/beneficiary name, and cheque date and
Step 5: Click on the submit button.
Step 5: Verify the lodgement details and click on the confirm button
Step 6: Enter the OTP received on registered mobile number and click on the submit button.
On submission, an appropriate message will be displayed to the customer.
How to confirm using Mobile Banking (SBI Quick)
Customers who have registered for SBI Quick must text the following message to the virtual mobile number +917208933145. According to the customer’s SBI Quick registration, an account number will be taken.
CHQL Cheque No
How to confirm SBI positive pay cheque details via SBI YONO
Step 1: Login to YONO Mobile App Login
Step 2: Under menu>> Service Request >> Cheques>> Positive Pay System
Step 3: Click on “Make a Request” for lodgement
Step 4: Select an account number for which cheque has been issued.
Step 5: Enter the Cheque Date, Cheque No., Cheque Amount, Beneficiary Name, Instrument type (dropdown values-10,11,29,31)
Step 6: Click on “Next” and review the details entered.
Step 7: Select the check box for ‘Terms and Conditions’ and enter the OTP.
Customer is shown the Success page with the reference number.