HomePersonal FinanceCash Deposit Machine Locator – How to find CDM Near You?

Cash Deposit Machine Locator – How to find CDM Near You?

The process of finding Cash Deposit Machine (CDM) near you is very easy. You can find an address of the nearest CDM online with a click of the button. Well, before getting into the detail of How to find CDM near you? Let’s talk about ATM. ATM is used by us to withdraw cash. CDM is exactly opposite of ATM. CDM is used to deposit cash.

Cash Deposit machines are like ATM. You need to have a debit card in order to deposit cash in CDM. At many places, CDMs are installed in ATM outlets. The basic difference between ATM and CDM is ATM dispense money and a CDM takes your money. In short, CDMs, are self-service kiosks provided by banks that allow customers to deposit cash directly into their accounts without the need for human intervention. These machines are equipped with advanced technology that securely counts and verifies the deposited cash, providing users with a hassle-free banking experience. Just by following simple steps you can locate and deposit your money in your account.

Cash Deposit Machine Near Me - CDM Near Me

How to deposit cash in Cash Deposit Machine? (CDM)

Follow the steps given below to deposit cash in CDM.

Deposit Cash in CDM with Debit Card

  • Visit the nearest CDM machine and swipe your debit card in the machine. The process is similar to ATM machine. Enter your four-digit PIN for the validation.
  • You will see various options on the screen. Select the option “Deposit Cash” by pressing on a touchscreen.
  • Select account type saving or current. Once you are done with the selection you can start depositing cash into the machine.
  • Deposit notes one by one in deposit slot. You can only deposit 100,500 and 2000 Rupee notes. The note should be in good condition. The maximum limit is Rs.49000.
  • Once you select the denomination and press confirm button, the machine will take notes inside for verification. You have to wait for few seconds. After validation of money machine will display the amount of money which you kept inside. If figures are correct press confirm and your account will be credited.

Deposit Cash in CDM without Debit Card

  • Locate the nearest cash deposit machine.
  • Enter your bank account number in the machine.
  • Select the language of your choice.
  • Enter your mobile number and confirm it.
  • Select the option “Deposit Cash.”
  • Insert the cash into the machine’s designated slot.
  • The machine will count and verify the cash.
  • Once the cash is verified, the machine will display the deposited amount.
  • Confirm the deposited amount and complete the transaction.

The facility of depositing cash without a debit card is available only at selected bank ATMs.

Benefits of Cash Deposit Machines

Cash deposit machines offer several advantages, making them a popular choice among bank customers. Let’s explore some of these benefits:

Convenience: Convenience: One of the primary benefits of cash deposit machines is their convenience. Instead of waiting in line at the bank counter, users can quickly deposit cash at their own convenience.

Time-saving: Cash deposit machines eliminate the need for filling out deposit slips or interacting with bank tellers, saving valuable time and offer speed, especially during busy periods.

Security: Cash deposit machines are equipped with security measures to guarantee the safety of transactions. Users can deposit cash confidently, with the assurance that their transactions are protected.

Accessibility: These machines are located in various locations, including bank branches, shopping malls, and other public places, making banking more accessible to everyone.

Also Read – Micro ATMs – How it is different from other ATMs?

How to find CDM near you?

The simplest method to find out CDM near you is to open Google Map and type “Cash deposit machines near me” in the search tab. Make sure Location services on your device are enabled. You will able to see all CDM nearby you on the screen. You can further narrow down your search by specifying an approximate distance you are willing to travel to make a cash deposit.

If you want to find out bank-wise CDM you can go to the CDM Locator website of individual banks. Details are given below.

SBI Cash Deposit ATM Near Me

The State Bank of India has partnered with Map My India to help customers easily find their Branches, ATMs, and CDMs by following a simple process.

  • Visit the State Bank of India official website.
  • Go to the ‘Important links’ section at the bottom of the page.
  • Choose ‘CDM Locator’ from the list and click on ‘View CDM locations’.
  • Now you will be taken to the Map my India SBI finder page.
  • From there, select CDM and enter your city and nearby location.

This will show you the complete list of cash deposit locations nearby.

SBI CDM Locator is the best CDM Locator where you can find CDM on a map. You just need to give the address and radius and press the search button.

Cash Deposit Machine Locator

In addition to CDM, you will also able to find ATMs, Branch, Cash POS, and Cash@Petrol Pump. If you are travelling you can also check Hotels that Accept Cash.

If you click on Advance search you will be able to select state and city in addition to address. On the map, it will display CDM along with the working status with a symbol.

ICICI Bank Cash Deposit ATM Near Me

Locating an ICICI Bank Cash Deposit Machine has never been as convenient as it is currently. Google maps can also be used for this purpose, but it only shows branches and ATMs. Nevertheless, it is much simpler to find a CDM through the ICICI website by following the steps outlined below.

  • Log on to the official website of ICICI Bank
  • From the Top Menu ‘Ways to Bank’Click on ‘ATM and Branches’.
  • Now click on ‘Click here for branches with Cash Deposit Machine’.
  • You can see the ‘Cash Deposit Machines Branches’ Page
  • Now Select State, City, and Branch to find the CDM of ICICI Bank.

Axis Bank Cash Deposit ATM Near Me

Axis Bank, one of India’s biggest private sector banks, provides a Cash Deposit Machine service. To locate an Axis Bank CDM, follow these steps.

  • Visit Axis Bank’s official website.
  • From the Top menu click on the location icon and Select Local Branches.
  • You will be taken to the page where you can search for CDM ATMs as well as branches.

HDFC Bank Cash Deposit ATM Near Me

The HDFC bank, the most highly valued private bank in the nation, makes sure to inform customers thoroughly and provide access to all necessary information. If you need to find an HDFC bank Cash Deposit Machine, follow these steps.

  • Log on to HDFC bank’s official website
  • Click on the ‘Locate us’ option from Top Menu
  • Enter your desired ‘City’ and ‘Locality’ for Cash Deposit Machine
  • On the next page, the exact location of the nearest facility is displayed

CDM Locator Links

The bank-wise CDM locator links are given below.

It is a quick and convenient way to deposit cash in your account. I hope you can locate CDM near you.

Top Reasons to Use CDM for Depositing Cash

  • It saves time by eliminating the need to stand in long queues.
  • It is a secure and convenient way to deposit cash.
  • It is available 24/7, making it easy for customers to deposit cash at any time.
  • It provides instant credit to the customer’s bank account.
  • It eliminates the need for deposit slips, making the process more straightforward and hassle-free.

As per me CDM machine is an excellent way to deposit cash.

FAQs

Are cash deposit machines safe to use?

Yes, cash deposit machines are generally safe to use, provided users follow recommended security practices. Banks implement robust security measures to safeguard transactions and protect users’ funds.

Can I deposit coins in a cash deposit machine?

Most cash deposit machines are designed to accept banknotes rather than coins. However, some machines may offer coin deposit functionality, depending on the bank’s policies and machine specifications.

Are there any transaction fees for using cash deposit machines?

Transaction fees may vary depending on the bank and the type of account you hold. Some banks may waive fees for cash deposits up to a certain limit, while others may impose fees based on transaction amounts or frequency.

Can I deposit cash in any currency?

Cash deposit machines typically accept deposits in the local currency or currencies supported by the bank. Depositing foreign currency may incur additional fees or require currency conversion, depending on the bank’s policies.

Is There a Limit to the Amount I Can Deposit Using a Cash Deposit Machine?

While limits may vary depending on the bank and type of account, cash deposit machines typically have a maximum deposit limit per transaction. It’s advisable to check with your bank for specific limits applicable to your account.

Can I transfer funds between accounts using a Cash Deposit Machine?

Yes, many Cash Deposit Machines offer the option to transfer funds between accounts, providing added convenience for users.

What should I do if my cash deposit transaction fails?

If your cash deposit transaction fails or encounters any issues, contact your bank’s customer support immediately for assistance. Provide details of the transaction, including the date, time, and amount deposited, to expedite resolution.

Shitanshu Kapadia
Shitanshu Kapadia
Hi, I am Shitanshu founder of moneyexcel.com. I am engaged in blogging & Digital Marketing for 10 years. The purpose of this blog is to share my experience, knowledge and help people in managing money. Please note that the views expressed on this Blog are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment , tax, financial advice or legal opinion. Please consult a qualified financial planner and do your own due diligence before making any investment decision.