State Bank of India (SBI) is one of the largest banks in India with a vast network of branches and ATMs spread across the country. The bank offers a wide range of services to its customers, including cash deposit machines (CDMs), which are a convenient way to deposit cash into your account. In this article, we will explore the SBI cash deposit machine near me and how to use it anytime.
What is an SBI Cash Deposit Machine?
An SBI cash deposit machine is an electronic machine that enables customers to deposit cash into their account without the need to visit a bank branch. These machines are available 24/7 and are designed to make cash deposits easy and convenient for customers. SBI cash deposit machines are available at various locations, including SBI branches, retail outlets, and other public places.
How to Find an SBI ATM Near Me?
To find an SBI cash deposit machine near you, you can use the SBI website or mobile app. Here’s how:
Below is the Google Map showing the nearest SBI ATM. This is super easy and hassle free. Just check the nearest SBI ATM machine.
Using the SBI Website
Step 1: Go to the SBI website at www.sbi.co.in.
Step 2: Click on the “ATM/Branch Locator” link located in the top menu bar.
Step 3: Enter your location, including the city, state, and pin code.
Step 4: Click on the “Search” button.
Step 5: The website will display a list of SBI cash deposit machines near your location. You can click on each location to view the address, contact details, and other relevant information.
Alternatively, here is the direct link for finding SBI cash deposit machine near me. Find SBI CDM
How to Find SBI Cash Deposit Machine Me? : Video Tutorial
If your GPS/Location service is on, the map will show you the SBI cash deposit machine near me. Below is the view on the map. You can locate ATM machine, bank branch near you. You can scroll down to check other nearest cash deposit machines.
Using the SBI Mobile App
Step 1: Download and install the SBI mobile app on your smartphone.
Step 2: Log in to the app using your credentials.
Step 3: Click on the “Locate Us” option located in the bottom menu bar.
Step 4: Enable the app to access your location.
Step 5: The app will display a list of SBI cash deposit machines near your location. You can click on each location to view the address, contact details, and other relevant information.
Alternatively, you can call the SBI customer care number at 1800 11 2211 or send an SMS to 567676 with the message “ATM(space)PIN Code” to find an SBI cash deposit machine near you.
How to Use an SBI Cash Deposit Machine near me?
Using an SBI cash deposit machine is a straightforward process. Here are the steps to follow:
Step 1: Locate an SBI cash deposit machine near you. You can use the SBI website or mobile app to locate the nearest cash deposit machine.
Step 2: Insert your SBI debit card into the machine.
Step 3: Enter your four-digit ATM PIN.
Step 4: Select the “Deposit” option from the menu.
Step 5: Enter the amount of cash you want to deposit.
Step 6: The machine will display the denomination of the notes you have inserted. Ensure that the denominations are correct and confirm the deposit.
Step 7: The machine will count the notes and deposit the cash into your account. A receipt will be generated as proof of the transaction.
Benefits of Using an SBI Cash Deposit Machine
There are several benefits to using an SBI cash deposit machine:
Convenience: SBI cash deposit machines are available 24/7, making it convenient for customers to deposit cash into their accounts at any time.
No Queues: Customers do not have to stand in long queues at bank branches to deposit cash. This saves time and makes the process more efficient.
Instant Credit: Cash deposits made through SBI cash deposit machines are credited to the customer’s account instantly. This means that the customer can use the deposited amount immediately.
Secure: SBI cash deposit machines are secure and reliable. The machines are equipped with the latest technology and are monitored 24/7 to ensure that they are functioning correctly.
Tips for Using an SBI Cash Deposit Machine
Here are some tips to keep in mind when using an SBI cash deposit machine:
Ensure that you have the correct account number and other details before making the deposit.
Ensure that the notes are clean, without any tears or stains, to avoid rejection by the machine.
Always count the cash before inserting it into the machine to avoid errors in depositing.
Ensure that the denominations of the notes are entered correctly before confirming the deposit.
Retain the receipt generated by the machine as proof of the transaction.
SBI cash deposit machine limit
The cash deposit machine limit for SBI (State Bank of India) varies depending on the type of account you have and your account status. Here are the details:
For savings accounts:
- If your account is KYC-compliant, you can deposit up to Rs. 49,900 in cash per transaction, and there is no limit on the number of transactions you can make in a day.
- If your account is not KYC-compliant, the limit is Rs. 10,000 per transaction, and you can make up to three transactions per day.
For current accounts:
- The cash deposit limit for current accounts depends on the type of account and your account status. You can contact your SBI branch to know the specific limit for your account.
Note that SBI may also charge a fee for using their cash deposit machine, and the fee amount may also vary depending on the type of account and the amount of cash deposited.
FAQs on SBI Cash Deposit Machine
SBI Cash Deposit Machine is a self-service kiosk that allows you to deposit cash into your SBI bank account without having to visit a bank branch.
You can locate an SBI Cash Deposit Machine near you by visiting the SBI website or the SBI Anywhere mobile app. You can also search for it on Google Maps or contact SBI customer care.
No, there is no fee for depositing cash using an SBI Cash Deposit Machine.
The maximum amount of cash that can be deposited using an SBI Cash Deposit Machine varies depending on the machine. It can range from Rs. 2,000 to Rs. 49,900 per transaction.
Yes, you need to have an SBI bank account to use an SBI Cash Deposit Machine.
No, SBI Cash Deposit Machines only accept notes, not coins.
In case of accidental deposit, you can contact the SBI customer care to initiate a refund process. You will need to provide details of the transaction such as date, time, amount deposited, and the account number of the recipient.
Generally, it takes a few hours for the cash to reflect in your account after depositing it using an SBI Cash Deposit Machine. However, it may take longer in some cases, depending on the network connectivity and other technical issues.
Conclusion
SBI cash deposit machines are a convenient and efficient way to deposit cash into your account without visiting a bank branch. These machines are available 24/7 and can be found at various locations, including SBI branches, retail outlets, and other public places. To find an SBI cash deposit machine near me, you can use the SBI website or mobile app or call the SBI customer care number. When using an SBI cash deposit machine, ensure that you have the correct account details, count the cash, and retain the receipt as proof of the transaction.