Key Takeaways:
Cancelling a standing instruction or auto-debit in ICICI Bank is simple and can be done through various channels like Internet Banking, iMobile App, or by visiting the nearest ICICI branch. Whether you want to stop an EMI auto debit, SIP Mandate, or any recurring utility bill payments, ICICI Bank offers user-friendly options to manage and cancel these services effectively. By following the right steps, you can successfully deactivate any auto-debit or standing instruction, avoid unnecessary deductions, and take full control of your bank account transactions. Must ensure to check your account statements after cancellation for confirmation.
Hello guys, are you worried about Auto-Debit and looking to cancel Standing Instructions in ICICI Bank, while the common query of all the ICICI customers is “How to Cancel Standing Instruction or Auto Debit in ICICI Bank“.
However, most of the customers are don’t know how to Stop Recurring and standing instructions in ICICI bank Credit / Debit cards, but shon’t worry, guys, this blog will show you how to do this.
So guys, read this article, continue, and learn how to cancel auto-debit & standing instructions in ICICI Bank. While learning how to cancel Standing Instruction or Auto Debit, customers should know what is Standing Instruction or Auto Debit.
What is Standing Instruction or Auto Debit?
Standing Instruction is a term that is also known as Auto-Debit or Recurring Payments, which are pre-arranged automated payments which are made from a consumer’s bank account to a third party at regular intervals. This allows for automatic bill payments, recurring subscriptions, and several other scheduled transactions without needing to initiate payments manually each time.
Ways to Cancel Standing Instruction or Auto Debit in ICICI Bank
There are several channels to cancel standard instructions or auto debit, including, Mobile App, Internet Banking, online, and by visiting the nearest ICICI branch. Below, we have mentioned different ways to cancel Standing Instruction or Auto Debit in ICICI Bank. So follow the ways and know how to stop.
1. Remove Standing Instruction on ICICI Bank Credit/Debit Card Online
To cancel or remove a Standing Instruction on ICICI Bank Credit/Debit Card Online, follow the steps below:
1. First of all, customers need to visit the ICICI Bank Website.
2. On the homepage of ICICI Bank, you will see a Cards Option on the menu bar at the top.
3. After clicking on the cards option, you need to select the Debit card or Credit card for which you want to cancel the standing instructions.
4. Under the Cards section, you will also see the Standing Instruction and Recurring Charges option.
5. This option will be displayed the same for both Credit Card and Debit Card options.
6. If you click on the Credit Cards option and on More.
7. After this, it will redirect you to the page where you have to enter the card number as shown below to know the details of your recurring transactions. .
8. After that, enter your card number and click on I’m not a robot and click on login.
9. After clicking on the login option, an OTP will be sent to your registered mobile number.
10. Enter the OTP and click on the Submit option.
11. After clicking on the submit option you will displayed the list of recurring e-mandate.
12. On the recurring mnadtes list select one recurring mandate which one you want to remove.
13. Then select the opt out option on the mandate which you want to remove.
14. After clicking on the opt out option you will asked Yes or No to remove the standard instruction of the credit card.
15. After clicking on the Yes option an OTP will be sent to your mobile number.
16. Now enter the OTP and click on submit.
17. After clicking on submit you will see the details of the mandate you will select to opt out for.
18. At last click on Back and under invoice you will check the status of the recurring standing instruction is stopped to not.
19. And at last if you completely cancel the mandate, click on Recurring Mandate option and select the cancel option and then enter the remarks and click yes.
20. Once you enter the remarks click on the yes and it will send an OTP on your number again.
21. Enter the OTP and click on submit.
22. After clicking on submit, you have finally stopped or canceled your recurring mandate.
2. Removing Standing Instruction Through ICICI Mobile App
To remove a standing instruction through the ICICI Mobile App, follow the steps below to cancel.
1. First of all, open the ICICI Bank Mobile App.
2. On the homepage, you will see the services option click on it.
3. Once you click on the Services option it will display several option as given below.
4. In the above option, select the Manage Mandate Option, then click on Mandate Cancellation.
5. After selecting Mandate Cancellation, you will displayed the interface as shown below.
6. After this, select your account if you have multiple accounts in ICICI. You can also see the terms and conditions of the mandate cancellation, which show you the cancellation time of which is between 9:00 AM to 5:00 PM.
7. After selecting the bank, click on the Next option.
8. Once you click on Next, it will display you list of mandates.
9. Then select the mandate that you want to cancel to stop. Remember, you can cancel a maximum of 5 mandates at a time.
10. Once you select the mandate, click on Next, and after this, tick on the accept the terms & conditions box and click on Next.
11. Select the mandate cancellation option and then submit.
12. After clicking on submit, wait for a while, you will be asked to select your Debit Card/Credit Card from which you want to cancel the mandate or for grid authentication.
13. After this, you have to enter the Grid Number, which will be printed on the back of your Debit/Credit Card.
14. Once you enter the grid numbers, you can finally cancel or remove your recurring mandate.
3. Remove Standing Instruction on ICICI Bank Credit Card/Debit Card Via Internet Banking
To remove Standing Instruction on an ICICI Bank Credit Card/Debit Card Via Internet Banking.
- First of all, you need to log in to the ICICI Internet Banking using your registered mobile number and other credentials to access your online banking portal.
- Then navigate to the standing instruction section and look for the options like “cards“, then “debit cards” then “Standing Instructions and Recurring Charges“, or “Manage Standing Instructions“.
- Identify the instruction to be cancelled and locate the specific standing instruction you wish to delete by reviewing the list of active instructions.
- Then select the Delete or Cancel option: once you have verified the correct standing instruction, you will displayed an option to cancel or delete it.
After doing all along follow the onscreen prompts to confirm your decision
How to Stop Recurring and standing instructions in ICICI bank Credit / Debit cards?
