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The process of finding Cash Deposit Machine (CDM) near you is very easy. You can find an address of the nearest CDM online with a click of the button. Well, before getting into the detail of How to find CDM near you? Let’s talk about ATM. ATM is used by us to withdraw cash. CDM is exactly opposite of ATM. CDM is used to deposit cash.
Cash Deposit machines are like ATM. You need to have a debit card in order to deposit cash in CDM. At many places, CDMs are installed in ATM outlets. The basic difference between ATM and CDM is ATM dispense money and CDM takes your money. Just by following simple steps you can locate and deposit your money in your account.
How to deposit cash in Cash Deposit Machine? (CDM)
Follow the steps given below to deposit cash in CDM.
- Visit nearest CDM machine and swipe your debit card in the machine. The process is similar to ATM machine. Enter your four-digit PIN for the validation.
- You will see various options on the screen. Select the option “Deposit Cash” by pressing on a touchscreen.
- Select account type saving or current. Once you are done with the selection you can start depositing cash into the machine.
- Deposit notes one by one in deposit slot. You can only deposit 100,500 and 2000 Rupee notes. The note should be in good condition. The maximum limit is Rs.49000.
- Once you select the denomination and press confirm button, the machine will take notes inside for verification. You have to wait for few seconds. After validation of money machine will display the amount of money which you kept inside. If figures are correct press confirm and your account will be credited.
Also Read – Micro ATMs – How it is different from other ATMs?
How to find CDM near you?
The simplest method to find out CDM near you is open Google Map and type “Cash deposit machines near me” in the search tab. Make sure Location services on your device is enabled. You will able to see all CDM nearby you on the screen.
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If you want to find out bank wise CDM you can go to CDM Locator website of individual banks. The bank-wise CDM locator links are given below.
SBI CDM Locator is best CDM Locator where you can find CDM on map. You just need to give address and radius and press search button.
In addition to CDM you will also able to find ATM,Branch, Cash POS and Cash@Petrol Pump.
If you click on Advance search you will be able to select state and city in addition to address. On map it will display CDM along with working status with symbol.
It is a quick and convenient way to deposit cash in your account. I hope you are able to locate CDM near you. Do share your queries in the comment section.
Can you deposit cash at SBI ATM center? Yes! you can! But you can not use ATM machine for this purpose. There is a special machine that allows you to deposit cash in your SBI account. It is called the Cash Deposit Machine, that is CDM. The machine is not available at every ATM center. Some ATM centers have CDM along with ATM. You can check the CDM center availability in your city on the special SBI map. CDM makes it possible to deposit cash anytime. You can even deposit cash on holidays. This is very good for those who do not get time in their busy schedule.
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Find SBI CDM Center for Cash Deposit
But how to find SBI ATM Center which has CDM facilty? First of all, follow the link to open CDM Locator. Click View CDM Locations. Read the disclaimer and PROCEED. The map of SBI Finder will open. Select CDM category from the left side of the page. Type Address. You can just type the name of your city. Click Search. The map will show you the SBI CDM centers in your city. So now you know the location, where you can deposit your cash.
Deposit Cash at SBI ATM Center using CDM
How to deposit cash at SBI ATM center using Cash Deposit Machine? The picture of Cash Deposit Machine shown below. You have to deposit cash using this type of machine. The cash deposit process is given below.
- Insert the ATM card in the given slot for few seconds and then take it out.
- Select Banking.
- Select the language of your choice.
- Enter your ATM PIN No.
- Select Deposit.
- Choose Cash Deposit.
- 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.
- Choose the Account type, Current or Savings. People mostly have Savings account.
- 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.
- 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.
- 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.
- The transaction gets complete and you receive the receipt of this transaction.
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SBI Cash Deposit Help – Videos
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You will find these videos helpful to get the exact process of SBI cash deposit. The first video is in English and the second one is in Hindi language.