,State Bank Of India) Customers have to submit the details of Supervision As per the requirements of the Positive Pay System before presenting a higher value check. It is an attempt to prevent fraud committed by using cheques that have been altered or tampered with.

According to SBI’s website, “With effect from the date of implementation of the mandatory clause in PPS, checks for amounts equal to and above the account level limit / Savings Bank checks of Rs.5 lakh and above / all other types of Accounts (CA/CC/OD) Checks of Rs 10 lakh and above for which correct lodgement details have not been provided in the Positive Pay system will be returned without payment.”

Customers are required to provide the following details of the checks issued for the selected account level range for Positive Pay System:

1. Account Number

2. Check Number

3. Check Date

4. Check Amount

5. Name of the Beneficiary (Recipient)

6. Instrument type (two digit number on the right side of the MICR band)

Bank customers can deposit high value checks at SBI Bank branches or through alternative online channels like Retail Internet Banking and Corporate Internet Banking, Mobile Banking (Yonalite), YONO (Mobile App) and SBI Quick (SMS).

Also Read: How To Submit High Value Check Details Online

How to submit SBI high value check details by visiting the branch

One can present the check with Annexure II by filing it along with the check details.

(click here for
Annex II,

Note that if the details do not match, the Bank will return the unpaid check at its sole discretion, and in those circumstances, the customer will not be in a position to make a claim against the Bank for dishonor of the cheque.