What Are the Steps to Deposit Cash in SBI ATM?
Depositing cash in a State Bank of India (SBI) ATM has become a convenient process with the advent of cash deposit machines (CDMs). These machines allow you to deposit cash directly into your account without the need to visit a bank branch. If you're wondering how to deposit cash in SBI ATM this guide outlines the process step by step.
Steps to Deposit Cash in SBI ATM
1. Locate a Cash Deposit Machine (CDM)
Not all SBI ATMs support cash deposits. To find the right machine:
- Search for an ATM labeled as "Cash Deposit Machine" or "CDM."
- Use the SBI mobile app or website to locate nearby CDMs.
2. Insert Your Debit Card
- Insert your SBI debit card into the machine.
- Select your preferred language.
3. Enter Your PIN
- Enter the four-digit PIN associated with your debit card to proceed.
4. Choose the Deposit Option
- On the screen, select the "Deposit" option.
- Choose the type of account where you want the money deposited (Savings or Current).
5. Insert Cash into the Machine
- Arrange your cash neatly, ensuring there are no staples or clips.
- Place the cash in the deposit slot.
- The machine will automatically count the money and display the amount on the screen.
6. Confirm the Deposit
- Verify the displayed amount.
- Confirm the transaction to complete the deposit process.
7. Collect the Receipt
- Once the deposit is successful, the machine will generate a receipt.
- Keep the receipt as proof of your transaction.
Tips for a Smooth Cash Deposit Experience
- Ensure the notes are not torn or damaged, as the machine may reject them.
- Deposit within the machine's limit, which usually varies between ₹50,000 and ₹2,00,000 depending on the machine and your account type.
By following these steps to deposit cash in SBI ATM you can complete your transaction quickly and securely. This method is ideal for customers looking to avoid the long queues often found at bank branches.