Can U Deposit Money in SBI ATM at Any Time

Author

Reads 190

ATMs and Vending Machines in Airport Hallway
Credit: pexels.com, ATMs and Vending Machines in Airport Hallway

You can deposit money in an SBI ATM, but there are some limitations to be aware of. The SBI ATM deposit facility is available 24x7, allowing you to deposit money at any time that suits you.

SBI ATMs have a daily deposit limit of ₹50,000 for non-SBI account holders and ₹1 lakh for SBI account holders. This means you can deposit up to ₹50,000 if you don't have an SBI account, and up to ₹1 lakh if you do.

To deposit money in an SBI ATM, you'll need to follow the on-screen instructions and insert the cash into the deposit slot. The ATM will then dispense a receipt as proof of deposit.

Using an SBI ATM

Using an SBI ATM is a convenient way to deposit money without having to visit a bank branch. You can deposit cash using a Cash Deposit Machine (CDM) at an SBI ATM center.

To begin, make sure you have an SBI ATM card. Insert the card into the given slot for a few seconds and then take it out.

For more insights, see: Application Form for Sbi Atm Card

Credit: youtube.com, how to cash deposit in sbi atm machine with debit card

Select Banking from the menu, and then choose the language of your choice. Next, enter your ATM PIN number.

You can deposit a maximum of Rs. 49,900 in one transaction using a card, and up to Rs. 200 in banknotes. Only 100 Rs., 500 Rs., and 1000 Rs. banknotes are allowed to deposit.

Choose Cash Deposit from the menu, and you will see a message on the screen that you can not deposit more than 200 banknotes. Select Confirm to proceed.

You will see the option to add more cash, and you can do so if needed. Once you are satisfied with the summary, select Confirm to complete the transaction.

The Cash Deposit Machine will start validating your cash, and if there is a fake banknote, the machine will keep it. You will receive a receipt for the same, which you can use when you contact the bank manager.

Here's a quick summary of the deposit limits:

Remember to count the bills carefully before depositing them in the ATM, and keep your receipts safe till you have confirmed that the amount has been deposited in your account.

SBI ATM Services

Credit: youtube.com, How to deposit money in atm | Cash deposit machine | sbi cdm Cash deposit | sbi cash deposit machine

You can deposit money in an SBI ATM, and it's quite straightforward. You can use the Cash Deposit Machine (CDM) to deposit cash without a card.

To start, find an SBI ATM that has the cash deposit functionality. You can use the SBI ATM locator to find the nearest one. Make sure to select the 'Cash Deposit Machine (CDM)' category and input your address to get accurate results.

Once you're at the ATM, insert your card and choose 'Banking'. Select your language, then enter your ATM Pin. The ATM will then ask you to select 'Deposit' and then 'Cash Deposit'.

You'll see a process overview on the screen, which includes a 200-note limit with a maximum deposit of Rs. 49,900. Make sure to confirm your details and choose your account type: Savings or Current Account.

When depositing cash, only 100 Rs., 500 Rs., and 1000 Rs. banknotes are allowed, and they must be in good condition. The ATM will validate your cash and reject any fake banknotes.

Here's an interesting read: Can U Buy a House with Cash without Credit

Credit: youtube.com, How to deposit money in SBI ATM in Telugu [2023] | Sravan Info Telugu

Here's a step-by-step guide to depositing cash in an SBI ATM:

1. Insert your card and choose 'Banking'

2. Select 'Deposit' and then 'Cash Deposit'

3. Confirm your details and choose your account type

4. Insert unfolded cash and press 'Enter'

5. The ATM will count the notes and reject any folded currency

6. Press 'Enter' to view your deposit 'Summary'

7. Add more cash or click 'Confirm' to conclude

After completing the transaction, you'll receive a receipt, and the amount will be credited to your account.

Finding SBI CDM Centers

To find SBI CDM centers, you can use the SBI CDM Locator on the SBI website. Just click on View CDM Locations and proceed after reading the disclaimer.

The map of SBI Finder will open, and you can select the CDM category from the left side of the page. You can simply type the name of your city to find the nearest CDM center.

To deposit cash at an SBI ATM center using a CDM, you'll need to follow a series of steps, which I'll outline below.

Additional reading: Find Tcs Process

Credit: youtube.com, SBI Cash Deposit Machine charges 2025 || SBI CDM Charges explained

Here are the steps to deposit cash using a CDM:

  1. Insert the ATM card in the given slot for few seconds and then take it out.
  2. Select Banking.
  3. Select the language of your choice.
  4. Enter your ATM PIN No.
  5. Select Deposit.
  6. Choose Cash Deposit.
  7. You will see the message on the screen that, you can not deposit more than 200 banknotes and the total deposit should not be more than 49900 Rs. Select Confirm.
  8. Choose the Account type, Current or Savings. People mostly have Savings account.
  9. Only 100 Rs., 500 Rs. and 1000 Rs. banknotes are allowed to deposit. The banknotes should be in good condition. The shutter of the cash deposit slot will open now. Put your money in that slot and press Enter. The shutter will close.
  10. The Cash Deposit Machine starts validating your cash. If there is a fake banknote, the machine will keep it. You will get the receipt for the same, which you can use, when you contact the bank manager.
  11. You will see the summary of acceptable banknotes on the screen. You will also see the option to add more cash. If the summary is okay, then select Confirm.
  12. The transaction gets complete and you receive the receipt of this transaction.

Frequently Asked Questions

Is there any charges for cash deposit in SBI ATM?

No charges are levied for cash deposit in SBI ATM using a debit card. However, please refer to the full FAQ for more details on CDM and any other related charges

Can I deposit cash in my ATM account?

Yes, you can deposit cash into your bank account using the ATM, simply insert your card, select the cash deposit option, and follow the prompts. Many modern ATMs also allow you to deposit cash without an envelope.

Angelo Douglas

Lead Writer

Angelo Douglas is a seasoned writer with a passion for creating informative and engaging content. With a keen eye for detail and a knack for simplifying complex topics, Angelo has established himself as a trusted voice in the world of finance. Angelo's writing portfolio spans a range of topics, including mutual funds and mutual fund costs and fees.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.