With the help of technology, the process of finding “CDM near me” is very quick and easy. Now you can get the address of a CDM machine near you at the click of a button. If you would like to know where is the nearest CDM to your location? How to find it? Therefore, read this post to know how to find a Cash Deposit Machine near me?
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Cash Deposit Machine
The Cash Deposit Machine is a self-service terminal like ATM. But there is a basic difference between the two that ATM dispenses cash, while CDM takes your cash to deposit in your bank account. Many banks have installed CDM inside their ATMs as well as at their bank premises.
It lets you make deposits by cash directly into your bank account without visiting your bank branch. You can use it to deposit cash using your ATM/debit card. You will be issued an advice slip after a successful transaction.
Have you ever used the CDM Machine? In this article, I will tell you how to use CDM to deposit cash.
Features of the Cash Deposit Machine
Some salient features of the CDM are as follows.
1. You can use this machine to instantly deposit cash in your account.
2. There is no need to fill in deposit slips.
3. You are not required to segregate your cash currency as per denomination.
4. This is a quick and easy way of depositing money.
5. You will be issued a confirmation receipt after a successful transaction.
6. Also no need to stand in long queues at the bank branches.
7. It is a time-saving facility.
8. Some other services are also available on these machines.
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How to deposit cash in the Cash Deposit Machine?
The process of depositing cash in CDM is very quick and easy. Just follow the below steps to deposit money in the CDM.
1. Visit the nearest CDM machine and insert your debit card in the machine as you do in the ATM.
2. Next, enter your 4-digit debit card PIN for validation.
3. Here, you see various options on the screen. Choose the option “Deposit Cash” from the available options.
4. Next, select your account type from saving or current on the screen.
5. Now start depositing cash into the machine. Keep currency notes in the cash deposit slot and click on “Continue”.
6. The machine will check the money and display the currency denominations with the total amount of money.
7. If the figures are correct then click on the confirm button to complete the transaction.
8. Wait for a few seconds while your transaction is being processed.
9. The deposited amount will be credited to your account.
10. You will receive a deposit receipt for the deposited amount.
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Find Cash Deposit Machine near Me
We all know that it is not available at all branches of the banks. But finding a CDM machine near me has never been as easy as it is now. You can find it on your smartphone by using Google Map.
Just type “Cash Deposit Machine near me” in Google Map. Make sure the location is turned on your smartphone. It will display the information regarding all the CDM machine near me on the screen.
If you want to find a CDM of a specific bank then visit the CDM locator of that particular bank. Here are the bank-wise CDM locator links of some of the most prominent banks.
Bank-wise CDM Locator Links
1. For SBI Cash Deposit Machine near Me, click here.
2. For ICICI CDM near Me, click here.
3. Just click here for HDFC Cash Deposit Machine near Me.
4. For Federal Bank CDM near Me, click on the link here.
5. For Axis Bank CDM near Me, click here.
6. Click on the link here for Canara Bank CDM near Me.
7. For PNB CDM near Me, click here.
8. Click here for Kotak Cash Deposit Machine near Me.
9. For South Indian Bank CDM near Me, just click here.
Final Thoughts
It is a quick and easy way to instantly deposit cash in your account. I hope now you will find a CDM machine near you with the help of the quick links provided above. In addition to this, you can also use these links to locate nearby branches and ATMs.
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