How to Easily Deposit Cash at SBI ATMs

Finance Dec 24, 2024 0 15 Add to Reading List

Depositing cash at an SBI ATM has become a seamless and convenient process, eliminating the need to visit a branch. This guide will walk you through how to deposit cash in SBI ATM step by step.

Benefits of Depositing Cash at SBI ATMs

Depositing cash at an SBI ATM offers numerous advantages:

Convenience: ATMs are available 24/7, allowing you to deposit cash anytime.
Quick Transactions: The process is faster compared to depositing cash at a branch.
Wider Network: SBI has an extensive ATM network across the country.

Steps to Deposit Cash in SBI ATM

To make your experience hassle-free, follow these steps to deposit cash in SBI ATM:

1. Locate a Cash Deposit Machine (CDM)

Not all SBI ATMs support cash deposits. Use the SBI website or mobile app to find a nearby Cash Deposit Machine (CDM).

2. Insert Your Debit Card

Insert your SBI debit card into the ATM.
Select your preferred language.
Enter your PIN to proceed.

3. Choose the Cash Deposit Option

On the menu screen, select the "Deposit" option.
Choose "Cash Deposit."

4. Enter the Account Details

If depositing cash into your account, it will automatically select your account. For third-party deposits, you’ll need to enter the recipient’s account number.

5. Insert Cash into the Machine

Arrange the cash properly, ensuring it’s free from staples or folds.
Place the cash in the designated slot. The machine will scan and count the cash.

6. Verify the Amount

The machine will display the total amount counted.
Confirm the amount if correct or cancel the transaction if there’s a discrepancy.

7. Collect Your Receipt

Once the deposit is successful, the ATM will issue a receipt.
Retain the receipt for future reference.

Tips for a Smooth Cash Deposit Experience

Ensure the notes are clean and unfolded.
Double-check the account details when depositing for someone else.
Avoid depositing damaged or soiled notes as the machine may reject them.

By following these straightforward steps, you can efficiently handle how to deposit cash in SBI ATM transactions without any complications. SBI’s user-friendly ATMs make cash deposits quick and secure, saving you valuable time.