How To Deposit Cash in SBI CDM?

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We all use ATMs to withdraw cash from accounts. By swiping the card into the ATM and entering PIN, money will be debited from the account, and you will get the same amount of cash out of the ATM. Have you ever used the cash depositing facility of SBI?

SBI CDM

You can't deposit cash in SBI ATM; there is a separate machine which is called as SBI Cash Deposit Machine for depositing cash. Now we can find the SBI cash deposit machine in almost all cities. You can deposit cash in SBI cash deposit machine any time of the day (24 hours). How To Check Your SBI Balance By Missed Call?

Location

Do you know where the SBI cash deposit machine is located in your street? If you don't know the exact location of SBI Cash Deposit Machine, no need to worry. You can locate the SBI CDM online. Open the link of CDM location which is provided by official State Bank of India website. Once you open this link, click on View CDM locations, you will get some terms and conditions of use on your screen read them carefully and click on Proceed. A new window will be shown; there you can locate SBI CDM. You need to enter your city name in the space provided. Under category option select CDM. Then click on search.

Step 1

Walk into the SBI CDM in your locality with your debit card, the amount of cash which you want to deposit into your account. Insert your debit card into the CDM. From the available options select banking. From the available languages select your preferred language and press the next button. How To Link Aadhaar To Your SBI Account Online?

Step 2

Enter your ATM PIN number. From the screen select Deposit from the options and then click on Cash Deposit. The CDM will display some guidelines for the depositor which he or she has to follow while using the machine. The depositor can't deposit more than 200 notes at once, and the maximum amount of cash should not exceed Rs 49900. After reading the guidelines select Confirm.

Step 3

Choose your account type; this can be the savings account or current account. It is important to note that only Rs 100, Rs 500 and Rs 2000 notes can be deposited which are in good condition. When you select the denominations and confirm, the shutter of the machine will open, keep your money inside the shutter. Press enter and then the shutter will close.

Step 4

The CDM will now check the money. You have to wait for few seconds. After successful validation of your money, you can see the amount of money which you had kept inside the shutter on the screen. If the figures are correct, then select Confirm. Now your transaction is done, you will receive the receipt of this transaction. What Is SBI Pay? How To Send Money Using SBI Pay?

Read more about: cash deposit machine, sbi
Story first published: Tuesday, October 3, 2017, 15:20 [IST]
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