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This article provides information about Indian bank deposit machines that are available near your location to make cash deposits.
A bank deposit machine, also known as an ATM or cash deposit machine, allows customers to deposit cash and cheques into their bank account without visiting a branch. Using the machine is simple - you insert your card, type in your PIN, select the deposit option and insert your cash/cheques.
You can check on your bank's website or mobile app for the location of nearest deposit machines. Most banks provide a branch or ATM locator tool. You can enter your zip code or address to get a list of machines in your local area along with their address and operating hours.
Most deposit machines accept all denominations of notes including Rs.100, Rs.500 and Rs.2000. However, some machines may have limits on the number of notes per deposit. It's best to check your specific bank's policy.
Yes, banks usually place daily deposit limits through ATMs ranging from Rs.50,000 to Rs.1,00,000 depending on your account type. You may be allowed to exceed the limit by visiting a branch.
Deposits made through machines are usually processed immediately and the amount is credited to your account on the same day. However, in some cases it may take 1-2 working days for the funds to be available, depending on the bank.
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