August 13, 2022

Did you ever consider depositing money, however simply because the financial institution was closed or too far-off, couldn’t go to the financial institution? In that case, you’re in luck as a result of HDFC Financial institution now has a money deposit machine close to you. Enter your location on the financial institution’s web site and discover the closest machine. Sure, it’s that easy!

Discovering HDFC Financial institution money deposit machine close to me is the quickest approach to deposit money into your checking account. You’ll have to stroll to the closest machine and insert your financial institution card for the amount of money you want to deposit. Then, the machine will print a receipt with all of your transaction particulars.

Discover HDFC Financial institution Money Deposit Machine Close to Me

By finding HDFC Financial institution money deposit machine close to me, now you can deposit money into your checking account anytime. There is no such thing as a have to undergo the trouble of visiting a department or ready in a queue. With the assistance of this machine, you’ll be able to rapidly and simply deposit money. This weblog will provide you with perception into utilizing HDFC CDM close to me. So let’s get began!

Benefits of HDFC Money Deposit Machine

  • Seamless withdrawal.
  • One can request for producing the web banking pin from the CDM machine. The account holders will get the Web Banking PIN on their registered postal handle.
  • A request for a proper assertion and a brand new cheque guide may also be positioned by HDFC CDM machine.

Find out how to use HDFC Financial institution Money Deposit Machine?

Photograph by on Unsplash
  • The HDFC CDM machine at your nearest department will enable you begin the Internet banking registration course of. As soon as it’s full, they are going to ship over an IPIN (Web PIN) for affirmation to any handle that has been registered with them prematurely.
  • The CDM will present a chequebook and a proper assertion for any funds you want.
  • The HDFC CDM facility means that you can withdraw with none penalty.
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Find out how to discover HDFC Financial institution Money Deposit Machine close to me?

Listed here are some steps that can information you to find your nearest HDFC CDM:

  1. Go to the official portal of HDFC.
  2. Transfer to the footer part to seek out ‘Assets’ and click on on ‘Methods to financial institution’.
  3. Now click on on to ‘In-person banking’ choice.
  4. You may be given a Money deposit machine part, the place you’ll have to click on on to ‘find us’ choice.
  5. You may be displayed the closest HDFC CDM in your locality or your space.
  6. Lastly, verify on ‘Deposits’ and click on ‘search’.

Find out how to deposit cash in your checking account utilizing HDFC CDM?

How to deposit money in your bank account using HDFC CDM? | HDFC Bank Cash Deposit Machine near me
Picture by Prasanta Sahoo from Pixabay

There are two methods to deposit funds you should use while you find HDFC Financial institution money deposit machine close to me. First with the assistance of your HDFC card and the second with out the cardboard. Listed here are just a few steps that can can help you make a profitable cash switch by way of HDFC CDM into your checking account:

Deposits with HDFC card:

  1. On the HDFC CDM monitor display, click on on the ‘Press right here to proceed’ choice.
  2. Choose the language you prefer-English/Hindi.
  3. On the subsequent display, click on the ‘deposit with card’ choice.
  4. Insert your card into the machine for the transaction.
  5. Now observe the directions acknowledged. You may deposit a most of 200 notes in a single transaction.
  6. After the transaction is over, take away your card solely when requested. Don’t forcefully take out your card as doing it’d injury the cardboard chip.
  7. Wait to your deposit transaction receipt as soon as the switch is over.
  8. Lastly, click on the ‘Cancel’ button earlier than leaving.

Deposits with out HDFC card:

  1. Click on on the ‘Press right here to proceed’ on the CDM monitor.
  2. Choose the language you prefer-English/Hindi.
  3. Choose ‘money deposit with out card’ and observe the directions.
  4. When requested, enter the proper HDFC Checking account quantity wherein you wish to funds to be deposited.
  5. You may deposit a most of 200 notes in a single transaction.
  6. After the deposit is processed, gather your deposit receipt.
  7. Don’t forget to click on the ‘Cancel’ button on the display earlier than leaving.
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Deposit Restrict in HDFC Financial institution Money Deposit Machine close to me

Within the case of a present account, the HDFC Financial institution CDM deposit Restrict by way of a CDM machine implies depositing the utmost amount of cash in a single day in your HDFC Checking account. The restrict is ready at Rs.2 lac per transaction. One can deposit the utmost quantity of Rs.6 lacs on a day.

Within the case of a financial savings account, in case you are doing a cardless deposit then Rupees Twenty-five thousand will be deposited in a single transaction, and the deposit restrict is ready at Rs.2 lac in a day. For those who do a card-based deposit then the per transaction restrict is Rs.1 lac.

Though HDFC CDM doesn’t incur any further charges, sure restrictions are to be stored in thoughts whereas utilizing HDFC CDM:

  1. One can solely deposit money inside HDFC Financial institution accounts and never another banks.
  2. You’ll solely have the ability to withdraw 40 notes per transaction if you wish to use the ATM facility within the CDM.
  3. The CDM facility doesn’t work if you happen to attempt to repay your mortgage or bank card invoice quantity.

How a lot does HDFC CDM cost?

HDFC CDM doesn’t cost any further charges for any transaction carried out. That is one other benefit of discovering HDFC Financial institution Money Deposit Machine close to me.

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Present account VS Financial savings account – Which one to choose?

Current account VS Savings account - Which is better for depositing money?
Photograph by Towfiqu barbhuiya on Unsplash

Each the accounts provide completely different options when it comes to curiosity, overdrawing facility and minimal steadiness requirement. Financial savings account presents round 3-4% curiosity each year on the deposits you have already got in these accounts. In distinction, no curiosity is obtainable to present account holders.

Within the case of present accounts, account holders are granted the good thing about overdrawing the funds which implies they’ll withdraw more cash from the account than it holds. Nonetheless, financial savings account holders aren’t provided any such facility of overdrawing.

You may as well deposit more money in present accounts due to the excessive minimal steadiness requirement in a present account, as in comparison with a financial savings account, which requires a low steadiness requirement.

The place are you able to hint HDFC CDM machines?

You’ll principally discover HDFC CDM machines connected close to each HDFC department nowadays.

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Vital info to recollect whereas utilizing CDM

  • Maintain a pointy eye out for suspicious exercise close to or round your CDM transactions. Don’t let any stranger interact with you in dialog whereas performing the exercise. Keep away from taking assist from strangers whereas depositing money.
  • For those who discover any uncommon machine/ gadget connected to the CDM, don’t proceed with any additional transaction.
  • If the notes get rejected, you must gather the cash from the machine.
  • Examine whether or not there are any pins within the notes earlier than depositing them into the machine.
  • Preserve depositing money inside your prescribed account limits. For instance, you’ll be able to solely deposit a most of 200 notes in a single transaction.
  • Whereas coming into your pin, cowl the board together with your hand or physique.
  • Earlier than leaving the CDM, guarantee to press the ‘Cancel’ button.
  • It’s essential to have your cell quantity and electronic mail registered together with your checking account to get alerts relating to transactions.
  • For those who don’t obtain the deposit, you will need to report back to the financial institution instantly.

Have you ever ever used an HDFC Financial institution Money Deposit Machine? If not, that is how you should use one. An HDFC Financial institution Money Deposit Machine (CDM) permits clients to deposit money and cheques into their financial institution accounts and obtain mini account statements with out going by a financial institution teller.

As a non-public financial institution, HDFC has CDMs for all sorts and quantities of deposits. So now you’ll be able to deposit your funds with out going through the challenges of standing in lengthy queues or coping with restrictive timings as a result of HDFC presents a wide range of handy choices to go well with the wants at hand.

Discovering HDFC Financial institution money deposit machine close to me is usually a enormous time saver if you happen to run errands and have some further money readily available that you just wish to deposit into your account effortlessly.

We hope this weblog about HDFC CDM close to me was useful and informative. If in case you have any doubts associated to the subject, be at liberty to drop a remark under. We are going to get in contact asap! Maintain studying for extra money-related content material.

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