Cash Deposit Machine : Cash Deposit Machine or Automated Deposit cum Withdrawal Machine (ADWM) is an ATM-like machine, which allows depositors to deposit cash in their account using a debit card. You might have seen this machine installed in a bank branch or near an ATM. By using this machine you can deposit cash in your account immediately without going to the bank branch. After depositing cash, you get a transaction receipt, which shows the updated bank account balance. Now many customers have a question in their mind that how much cash can be deposited into their account at one time through this machine. Let us know.
State Bank of India (SBI): Cash deposit limit through cardless deposit in SBI is Rs 49,900. At the same time, you can deposit Rs 2 lakh through debit card (PAN card should be linked with the account).
Bank of Baroda (BOB): If PAN is linked with the account, the per day cash deposit limit through debit card is Rs 2 lakh. If PAN is not registered, the limit is Rs 49,999. The limit for cardless transactions (by just entering the account number) is Rs 20,000 per day.
Punjab National Bank (PNB): If PAN is linked with the account, a maximum of Rs 1 lakh can be deposited. If PAN is not linked, then Rs 49,900 can be deposited.
HDFC Bank : The daily cash deposit limit for savings account is Rs 2 lakh. Whereas for current account it is Rs 6 lakh. The deposit limit is the same for both cardless and cardbased.
Union Bank of India: Here Rs 49,999 can be deposited without PAN card. Rs 1,49,999 can be deposited with PAN.
