What are the key benefits of SBI Credit Cards?

SBI Credit Cards offer a wide range of benefits, including rewards, cashback, lounge access, discounts, and insurance coverage.

How can I apply for an SBI Credit Card?

You can apply for an SBI Credit Card online through the Paisabazaar platform, where you can compare card options and check for pre-approved offers.

What factors should I consider when choosing an SBI Credit Card?

Consider your spending habits, lifestyle, and financial goals to select a card that best suits your needs, such as travel, shopping, or rewards.

How can I manage my SBI Credit Card efficiently?

SBI Card offers a user-friendly mobile app and online banking services to help you manage your card, check statements, make payments, and access additional features.

What precautions should I take to avoid accumulating credit card debt?

Responsible credit card usage includes paying bills on time, managing credit limits wisely, and avoiding unnecessary spending to prevent debt accumulation.

SBI ATM Machines Now Allow Convenient Cash Deposits at Any Hour

In recent years, the banking sector has witnessed a surge in automation, providing convenience to customers across various services. From online payments to account opening, tasks have been streamlined. One crucial task for banks is the acceptance of deposits, which traditionally required the presence of staff during specific hours. However, this method was not without its limitations and the potential for human error. In response, banks have introduced ATM machines capable of accepting cash deposits.

Now, individuals can deposit cash into an ATM machine at any time, even during the late hours of the night. This advancement not only ensures accessibility but also heightens efficiency and minimizes the chances of errors. Furthermore, transactions conducted through these ATMs are deemed more secure and reliable.

To guide you through the process of cash depositing via the State Bank of India (SBI) ATM machines, follow these steps:

Step 1: Begin by locating an ATM that offers cash deposit functionality. Utilize the SBI ATM locator, selecting the Cash Deposit Machine (CDM) category and entering your desired address. This tool will assist in finding the nearest ATM equipped to handle cash deposits.

Step 2: Once at the ATM, insert your ATM card, and select the 'Banking' option. Proceed by choosing your preferred language. On the subsequent screen, prompt the system to request your ATM Pin.

Step 3: After entering your ATM Pin, click on 'Deposit', followed by 'Cash Deposit'. A message detailing the deposit procedure will appear. Note that cash deposits are limited to a maximum of 200 notes, with the total amount capped at Rs. 49,900.

Step 4: Confirm the displayed details and select your account type, distinguishing between Savings or Current Account.

Step 5: The cash slot will open after account selection. Ensure that the money is inserted unfolded into the slot. Press the 'Enter' button once the cash has been placed in the machine. The ATM will count the currency, and if a note is found to be folded, the cash compartment will open, allowing you to retrieve the unfolded note.

Note: It is important to avoid creases or folds on the note, as the machine may reject them. In the event of counterfeit currency, the machine will confiscate the note while providing a receipt.

Step 6: Press the 'Enter' button again to view the 'Summary' of the cash deposit. You may choose to add more cash or proceed by clicking the 'Confirm' button to complete the deposit.

Step 7: Following the successful deposit, a receipt will be provided, and the deposited amount will be credited to your account.