August 13, 2022

Need to deposit money in your ICICI checking account however don’t wish to stand within the lengthy cue within the financial institution? Don’t fear, there’s a resolution for you, Money Deposit Machine (CDM). It’s a self-service terminal that lets you deposit money in your checking account by utilizing ATM card. However now the subsequent query is The right way to Discover ICICI Money Deposit Machine close to me? That is what we’re protecting as we speak.

ICICI is India’s largest non-public sector financial institution due to the providers they supply and the services they offer to its customers. CDM is likely one of the new providers they began. You should be pondering if there may be ICICI CDM close to me properly; the nice half is that they’ve opened quite a few CDMs in nearly each metropolis; due to this fact, it’s simple so that you can discover one.

The right way to Discover ICICI Money Deposit Machine Close to Me?

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Discovering an ICICI CDM is fairly simple because it entails just some steps. By following the steps under you’ll be taught the right way to discover ICICI Money Deposit Machine close to me. Let’s get began.

  • The very first thing you might want to do is to go to this hyperlink. It’s the ICICI financial institution CDM locator hyperlink that can assist you in studying the right way to discover ICICI Money Deposit Machine close to me.
  • As quickly as you click on on the hyperlink, the subsequent factor you might want to do is choose your location on the map or sort the identify of your location within the textual content field that claims Search Close by Department/ATM.
  • As soon as your location is chosen, it is possible for you to all close by ATM/CDM close to you. Navigate the map and discover the closest one.

That’s it. Now the right way to discover ICICI Money Deposit Machine close to me.

Money Deposit Restrict of ICICI CDM

After studying the right way to discover ICICI Money Deposit Machine close to me, the subsequent factor it would be best to know is that if there are any prices related to this service. Listed here are the small print in regards to the money restrict you may deposit in it and the costs relevant –

  • Each month you get 4 free transactions, and in case you transcend the free restrict, there’s a cost of Rs.150 for each transaction.
  • When you go to the house department of your financial institution and use that CDM, you may deposit as much as Rs.2 lakh monthly at no cost. If you wish to deposit greater than that, there will likely be a cost of Rs.5 for each Rs.1000 you deposit, and the minimal cost is topic to Rs.150.
  • When you go to a non-home department CDM, you may deposit Rs.25000 at no cost on daily basis. If you wish to deposit greater than that, there will likely be a cost of Rs.5 for each Rs.1000 you deposit, and the minimal cost is topic to Rs.150.
  • When you do third-party money transactions, then you must pay Rs.150 for each transaction for as much as Rs.25000.
  • You’ll have to pay Rs.50 further in case you deposit cash by CDM on financial institution holidays, depositing greater than Rs.10,000 in a month and between 6 PM to eight AM on working days. However, there are exceptions for senior residents, visually impaired individuals, Jan Dhan accounts, incapacitated, pupil accounts, or primary financial savings financial institution accounts.
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The right way to use ICICI CDM to deposit money?

How to use ICICI CDM to deposit cash?
Picture by Free inventory photographs from from Pixabay

Now, when the costs, allow us to get an perception into utilizing the ICICI CDM and proceed this information on the right way to discover ICICI Money Deposit Machine close to me. It’s a very simple course of, as all you want is a debit card to deposit the cash.

  • The very first thing you might want to do is put or swipe the cardboard within the machine and enter the 4 digit pin.
  • Choose your account – whether it is financial savings or present.
  • Put the cash you wish to deposit within the CDM and press proceed.
  • The machine will begin counting the cash and show the quantity you deposited.
  • If the quantity talked about on the display screen is true, then click on on Deposit. When you see that quantity is wrong, you may cancel the transaction and begin the method once more.
  • The quantity will likely be deposited within the account, and it’ll generate an automated receipt for future reference or as proof.
  • The minimal quantity which you could deposit in a CDM is Rs.100, and it accepts notes which might be a number of from Rs.100 as much as Rs.2000.

Benefits of utilizing a CDM

ICICI financial institution is likely to be barely away from your private home, however in case you seek for ICICI CDM close to me and see that it’s simply near your own home, then why to go far to deposit the money. Listed here are a few of the main advantages of utilizing a Money Deposit Machine –

  • You may get the money deposited in your account immediately with none wait.
  • The most effective factor is that every one the transactions completed on CDM are paperless, so you might be serving to protect nature as properly.
  • Saves time as you needn’t go to the financial institution and stand within the cue for depositing the money.
  • You can even avail different advantages once you go to CDM, resembling checking your steadiness, mini-statement, and so forth.
  • Depositing cash is versatile and simple because it accepts the denominations of Rs.100 to Rs.2000.
  • One other profit is that you need to use them 24×7, whereas banks have holidays and so they often shut after 4 PM. However, you may deposit the money everytime you need by the CDM.
  • You get an on the spot credit score alert in your registered cell quantity.
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Issues to recollect whereas depositing money by CDM

Things to remember while depositing cash through CDM | How to Find ICICI Cash Deposit Machine near me
Picture by Free inventory photographs from from Pixabay

Listed here are some vital issues which it is best to bear in mind when utilizing CDM:

  • Whereas making any transaction on the CDM, you might want to be certain that there isn’t any one round as there may be suspicious folks round you; simply watch out for them.
  • When you deposit the cash within the CDM and the deposit isn’t obtained within the account, it is best to report back to the financial institution instantly.
  • If the notes you might be depositing get rejected, you shouldn’t neglect to gather the money from the machine.
  • To get all of the alerts and notifications for the transactions you do on CDM, it is best to get your quantity/electronic mail id registered along with your financial institution.
  • Earlier than depositing the cash into the machine, keep in mind to take out the stapler pins from the notes, if any.
  • When you full the transaction, just be sure you press the cancel key on the finish and depart the CDM machine on the welcome display screen.
  • In a single transaction, you can’t deposit greater than 200 notes.
  • It’s suggested to cover your PIN whereas coming into it both by your hand or by physique.
  • By no means take assist from strangers whereas depositing or withdrawing money from CDM.
  • By no means share your PIN with anybody, and don’t write it in your card.
  • Don’t make any transaction in case you see any third-party gadget hooked up to the CDM machine.
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Q1. What all can I do with ICICI Financial institution Money Deposit Machine Close to Me?

Ans. Among the issues you are able to do utilizing ICICI Financial institution CDM are checking your account steadiness, depositing money, updating your PAN card info and getting a mini assertion.

Q2. Is it doable to withdraw cash from CDM?

Ans. ICICI CDM is majorly for depositing money, however there are some CDMs that present customers with the ability of withdrawing money.

Q3. Is depositing cash at ICICI financial institution CDM protected?

Ans. Depositing cash in CDM is completely protected, and one of the best factor is that it’s hassle-free. Your entire course of may be very clean and entails just some steps. It’s suggested to test the account quantity and identify of the account holder twice earlier than clicking on the submit button.

This fall. Which course of is quicker: depositing the cash within the account or CDM?

Ans. Depositing by the CDM is the quickest and most secure approach because it ensures that the cash is credited rapidly.

Q5. Why does the CDM transaction get cancelled?

Ans. If the notes aren’t actual otherwise you put broken notes within the machine, the transaction will get cancelled. The truth is, if the notes are folded, they’ll come out of the machine; due to this fact, be certain that you don’t fold the notes whereas placing them within the CDM machine.

This was all about how to search out ICICI Money Deposit Machine close to me. Use these machines to deposit cash with out standing in lengthy queues. Moreover, they’re safe and ship the cash rapidly to the receiver.

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