Guide to Successfully Depositing Cash at SBI ATMs

Depositing cash at an SBI ATM has become a convenient and time-saving alternative to visiting a bank branch. With advanced ATM machines equipped with cash deposit features, you can easily complete the transaction at your own pace. This guide will provide you with all the essential information you need to know about how to deposit cash in SBI ATM.

Why Use SBI ATMs for Cash Deposits?

SBI ATMs equipped with Cash Deposit Machines (CDMs) allow customers to deposit cash without the hassle of filling deposit slips or waiting in long queues. This service is especially beneficial for:

• Instant credit to your account.
• 24/7 availability of CDMs at various locations.
• Reduced dependency on branch visits.

Steps to Deposit Cash in SBI ATM

Depositing cash in an SBI ATM is a straightforward process. Here is a step-by-step guide to help you complete the transaction efficiently:

Step 1: Locate the Nearest SBI ATM with CDM

Not all SBI ATMs have cash deposit facilities. Use the SBI ATM locator on the official website or mobile app to find the nearest ATM equipped with a Cash Deposit Machine.

Step 2: Insert Your SBI Debit Card

• Insert your SBI debit card into the card slot.
• Select your preferred language from the options displayed on the screen.
• Enter your 4-digit ATM PIN to proceed.

Step 3: Select the Cash Deposit Option

• On the menu screen, choose the "Deposit" option.
• If prompted, select the account type (Savings or Current).

Step 4: Insert Cash

• Place your cash neatly in the slot provided.
• Ensure that the notes are not torn, folded, or stapled.
• The machine will automatically count the cash and display the total amount on the screen.

Step 5: Confirm the Transaction

• Verify the amount displayed on the screen.
• Confirm the transaction by pressing the "Confirm" button.

Step 6: Collect the Receipt

• Once the transaction is successful, a receipt will be printed for your reference.
• Check your SMS or bank statement for confirmation of the deposit.

Important Tips for Depositing Cash in SBI ATM

• Ensure the cash is in good condition to avoid rejection by the machine.
• Avoid depositing large amounts in one transaction; check the ATM's deposit limit.
• Retain the receipt until the amount reflects in your account.
• For added security, deposit cash in a well-lit area or during bank hours.

Frequently Asked Questions

What is the daily cash deposit limit at SBI ATMs?

The daily limit varies by ATM and account type. Check with your branch or the ATM machine for the exact limit.

Can I deposit cash into another person's account using SBI ATM?

Yes, some SBI ATMs allow third-party deposits. You will need the beneficiary's account number.

What should I do if the cash is not credited to my account?

In case of a failed transaction, contact SBI customer support or visit your branch with the transaction receipt for assistance.

By following this guide, you can efficiently manage your cash deposits using SBI ATMs. Remember, learning how to deposit cash in SBI ATM not only saves time but also simplifies banking for you.