Make your life easier with Cash Deposit Machine in 2021

Author: Ajit Samal

A cash deposit machine is similar to an ATM in that it allows people to deposit their spare cash without having to wait in huge lines at bank branches. So, if you are looking for a CDM by searching Cash Deposit Machine near me in 2021 then you have landed at right place. In this article we will be talking about popular banks like SBI, Kotak Mahindra Cash Deposit Machines and others.

Cash Deposit Machine Benefits and Features

For decades, people have waited in enormous lines at bank branches with filled out documents to withdraw and deposit cash. A customer can deposit cash with their debit card or account number at a Cash Deposit Machine. The monies are instantly credited and can be utilized for future transactions. The following are some of the most important advantages:

  • 1. Self-service terminals do not require assistance from an 2. official Instant credit facility and can be used immediately.

  • Saving time

  • 3. Instantly generates an electronic deposit receipt

  • It is also not necessary to separate by denomination.

How do I use a Cash Deposit Machine to deposit cash in my hand into my account?

Cash deposit machines work similarly to ATMs in that they require the user to have their debit cards on hand in order to deposit cash into their bank account. The following are a few steps to depositing cash using a cash deposit machine:

  • Step 1- To get started, insert or swipe your debit card into the machine and enter your secret number.

  • Step 2- Select the ‘Deposit Cash' option from the available selections.

  • Step 3 – On the screen, select the sort of account you want to open, such as ‘Savings' or ‘Current'.

  • Step 4 – Arrange the money in a bundle and enter the cash into the machine when prompted.

  • Step 5 – The machine will display the precise amount as well as the entered currency denominations.

  • Step 6 – To complete the deposit process, select confirm and deposit.

  • Step 7 – Once the funds have been credited to your personal account, you will receive confirmation.

Where can I find a Cash Deposit Machine near me?

  • 1. It's never been easier to find a nearby Cash Deposit Machine than it is now. With the help of your smartphone, you can quickly identify a nearby deposit machine and deposit your money with minimal effort.

  • 2. It is necessary to ensure that the location service on one's smartphone is turned on. When you type "Cash Deposit Machine near me" into your phone's search bar, Google detects your location and offers information about cash deposit machines from multiple banks in your area. You can also narrow down your search by specifying a rough distance you want to drive in order to deposit cash.

  • 3. If you are seeking for a certain bank's cash deposit machine, we have included links to the pages of some of the most well-known banks as well as information on their cash deposit machines.

  • SBI Cash Deposit Machine

The State Bank of India has partnered with Map My India to make it easier for clients to find their nearest branches, ATMs, and CDM. Any of them can be easily located by following a few easy steps:

  • Go to the official website of the State Bank of India.

  • Select ‘Important links' at the bottom of the page.

  • Select ‘CDM Locator' from the drop-down menu.

  • Click on the 'View CDM locations' link and then on the 'Continue' button.

  • Select CDM from the list of possibilities once you've been sent to the Map my India SBI finder page.

  • Choose a city and a location in the area that you want to visit.

  • As a result, you'll have access to a comprehensive list of nearby cash deposit facilities.

HDFC Bank Cash Deposit Machine

As the country's most valuable private bank, HDFC guarantees that customers are fully informed and have access to all necessary information. Follow the procedures below if you're looking for an HDFC bank Cash Deposit Machine near me:

  • 1. Go to the official website of HDFC Bank.

  • Select the 'Locate us' option.

  • 2. Enter the desired Cash Deposit Machine's 'City' and 'Locality.'

  • The actual location of the nearest facility is shown on the following page.

  • 1. Axis Bank Cash Deposit Machine

  • 2. Kotak Mahindra Bank Cash Deposit Machine Near me

  • 3. Bank of Baroda Cash Deposit Machine

ICICI Bank Cash Deposit Machine Near me

It's never been easier to locate a CDM by typing ICICI Bank Cash Deposit Machine near me. You may also use Google Maps for the similar purpose, however it just shows branches and ATMs. Finding a CDM on the ICICI website, on the other hand, is much easy if you follow the methods outlined below.

  • 1. Go to the ICICI Bank's official website.

  • 2. Choose ‘Get in touch' from the drop-down menu at the top.

  • 3. Select ‘Find an ATM/Branch' from the drop-down option.

  • 4. Then, under ‘All,' select the category ‘Cash Deposit Machines.'

  • 5. The locations of the branches with Cash Deposit Machines are listed.

  • 6. The ‘Find' tool can also be used to locate CDM in specified areas.

The short links provided above can be used to quickly locate the nearest cash deposit machine. You can also utilise these pages to find nearby branches, ATMs, and cash POS at different gas stations to take advantage of other financial services.

Conclusion:

T sum up, Afinoz recommends that you utilise more and more digital tools to complete your daily transactions in order to save time and energy. There are numerous internet solutions available today that make it simple to avoid cash transactions for both personal and professional purposes. Paytm, Mobikwik, Google Pay, Phonepe, Oxigen, Freecharge, and others are just a handful of them.