If you are a customer of the country’s largest public sector bank – State Bank of India (SBI), then this news is for you. SBI has a rule under which the same customer has to pay a charge for depositing cash in whose account the money is deposited. Under this, the customer has to pay a charge of Rs 25.
It is like an ATM machine. In this you can make a cash deposit. For this, it is important to note that the notes of whatever money you are depositing are clean. If the notes are torn or old, the machine will not accept them.
If you are a customer of the country’s largest public sector bank – State Bank of India (SBI), then this news is for you. SBI has a rule under which the same customer has to pay a charge for depositing cash in whose account the money is deposited. Under this, the customer has to pay a charge of Rs 25.
What it means: It’s like an ATM machine. In this you can make a cash deposit. For this, it is important to note that the notes of whatever money you are depositing are clean. If the notes are torn or old, the ATM machine will not accept them.
You can deposit cash directly into your account using an ATM or debit card. You can use this machine for instant credit to your account without visiting the branch. Transaction receipt is also available.
Let us tell you that on depositing from this machine, money comes immediately to your account. The limit per transaction is Rs.49,900. You can also deposit cash into your PPF, RD and loan accounts with this machine. The ATM machine accepts notes in the denominations of Rs.100/-, Rs.500/- and Rs.2000/- only.
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