There was a time when you had to stay in line to deposit money into your SBI account. Now, you can deposit money into your bank account using the SBI Cash Deposit Machine. You can easily find the SBI cash deposit machine by searching SBI CDM Near Me.
If you are an SBI account holder and want to deposit money in your bank account, search for an SBI cash deposit machine near you, and you will be able to find and deposit money in your bank account using the SBI CDM.
What is a Cash Deposit Machine (CDM)?
SBI Cash Deposit Machine (SBI CDM) is just like an ATM that allows an SBI account holder to deposit money in their bank account using a debit card, and without a debit card. The difference between ATM and CDM is that ATM is for money withdrawal, and by using SBI CDM, you can deposit money into your bank account.
How to Find an SBI Cash Deposit Machine (CDM) Near Me?
SBI has the largest network of ATMs/CDNs, with over 58,500 ATMs working as CDMs. Finding an SBI cash deposit machine nearby is relatively very easy. You can follow the steps below to find an SBI CDM near you:
Step 1: Go to the official SBI Finder https://app.mapmyindia.com/sbifinder/
Step 2: Select Category as “ATM” from the list
Step 3: Enter the desired city name (Address) and adjust the location radius
Step 4: Now, click on the “Search” button
Step 5: You will see the map locations of the SBI CDM near me
You can visit the SBI cash deposit machine near me as per the address provided by the search on the SBI Finder.
How to Deposit Cash in the SBI Cash Deposit Machine (CDM)?
You can deposit money easily once you reach the nearest SBI Cash Deposit Machine. Follow the steps below to carry out the transaction.
Deposit Cash in CDM with a Debit Card
Step 1: Insert your debit card or ATM card in the card slot
Step 2: Select the “Cash Deposit” on the homepage
Step 3: Enter your ATM PIN
Step 4: Now, select the type of account, savings or current
Step 5: Arrange the cash in 100, 200, and 500 rupee notes
Step 6: Enter the amount and put cash in the cash slot
Step 7: Now, confirm the amount and click on proceed
Step 8: Take the confirmation slip from the machine
Step 9: You will receive the confirmation message once the money is deposited successfully into your bank account
Pro Tips: SBI CDM Deposit Limit with ATM card 2 Lacs and without ATM card 49,900 only. There is a 25 rupee charge to deposit cash without an ATM card. There is no charge if you deposit money using an ATM/Debit card.
Deposit Cash in CDM without a Debit Card
Step 1: Enter the bank account number in the SBI CDM Machine
Step 2: Select your preferred language
Step 3: Enter your mobile number and confirm
Step 4: Select the “Cash Deposit” Option
Step 5: Now, arrange the cash in 100, 200, and 500 rupee notes
Step 6: Put the cash in the cash slot. The machine will count the cash and display the deposited amount
Step 7: Now, confirm the amount and complete the transaction
Note: The Facility to deposit cash without an ATM card is available on the selected Bank ATMs.
Features and Benefits of the SBI CDM Machine Near Me
- It saves time and provides convenience for depositing money
- The service is available 24/7 so that customers can deposit money at any time
- Money is deposited instantly
- Now, deposit cash in PPF, RD, and loan accounts
- No need to fill out the cash deposit slips
Availability of SBI Cash Deposit Machine Near Me in India
SBI cash deposit machines are available in almost all cities in India. You just need to find an SBI cash deposit machine near me, and you will find the SBI CDM. You should follow the steps mentioned in this guide to find the SBI CDM to deposit money in your bank account.
You can easily search for SBI CDM near me in New Delhi, Mumbai, Kolkata, Agra, Pune, Chennai, Nagpur, Thane, Bangalore, Surat, Jaipur, Ujjain, Dehradun, Lucknow, Vadodara, Ajmer, and many more.