How to Use SBI ATM for Cash Deposits: A Step-by-Step Guide

In recent years, the banking sector has seen a notable rise in automation, improving customer convenience by streamlining various services. Tasks like online payments and account opening have become more efficient. A crucial function for banks is accepting deposits, traditionally limited by staff availability, which often led to restrictions and potential errors. To address this, banks have implemented ATM machines for cash deposits.

Individuals can now deposit cash into an ATM at any time, including late hours, significantly enhancing accessibility and efficiency while minimizing errors. Moreover, transactions conducted via these ATMs are considered more secure and dependable.

SBI ATM Cash Deposit Guide

To use an SBI ATM for cash deposits, follow these steps:

Step 1: Find an ATM with cash deposit functionality using the SBI ATM locator. Select the 'Cash Deposit Machine (CDM)' category and input your address to locate the nearest suitable ATM.

Step 2: At the ATM, insert your card and choose 'Banking'. Select your language, then enter your ATM Pin.

Step 3: Tap 'Deposit', then 'Cash Deposit'. A process overview will display; note the 200-note limit with a maximum of Rs. 49,900.

Step 4: Confirm your details and choose your account type: Savings or Current Account.

Step 5: The cash slot will open; insert unfolded cash. Press 'Enter' when ready. The ATM will count the notes, rejecting any folded currency, which can be corrected.

Note: Ensure notes are smooth; rejected notes might be due to counterfeit detection, potentially leading to note confiscation and receipt issuance.

Step 6: Press 'Enter' to view your deposit 'Summary'. Add more cash or click 'Confirm' to conclude.

Step 7: Once completed, a receipt will be issued, and the amount credited to your account.

Abbreviations: Folio No. [Folio Number], PAN [Permanent Account Number], KYC [Know Your Customer]