Most people still go to the bank branch to deposit cash in their bank account. But do you know that you can deposit money without going to the bank branch or standing in line? For this, you have to go to the ATM located near you where there is a deposit machine. Today we are going to tell you about the ATM deposit limit of different banks.
ATM Deposit Limit : Nowadays it is very difficult to live without a bank account. Whether to withdraw money, to get money from far away or to keep money safe somewhere to invest, a bank account serves all these purposes. In this world rapidly moving towards digitalization, people still go to the bank branch to deposit money in the bank account. But do you know that now you can deposit money in your bank account without going to the branch and standing in line. For this you can use Automated Deposit Cum Withdrawal Machine (ADWM). Let us know how you can use this machine and also tell you how much money you can deposit in a day using the ADWM machine of different banks.
How can I deposit the money?
Automated Deposit cum Withdrawal Machine (ADWM) is an ATM machine and with its help you can not only withdraw money but can also deposit money in your account. For this, you have to first go to the ATM near you and after going there you have to insert your ATM card in the machine. After this, if you are asked for PIN, then enter the ATM PIN or else enter the ATM PIN after selecting the deposit option. After this, you have to choose the type of account (current account or savings account) and then enter the amount to be deposited.
Which bank has how much limit
Now let us tell you how much maximum money you can deposit in a day through ATM in which bank.
SBI: In State Bank of India account, you can deposit up to Rs 49,900 at a time without card and up to Rs 2 lakh through card.
HDFC Bank: If you have an account in India’s largest private bank, you can deposit up to Rs 25,000 without a card and up to Rs 1 lakh with a card at one time. Also, you can deposit a maximum of Rs 2 lakh in a bank account in a day.
Union Bank of India: If you have an account in Union Bank of India, you can deposit Rs 49,999 at a time with the help of a deposit machine. If your PAN card is verified, you can also deposit Rs 1 lakh at a time.
Bank of Baroda: If you have an account in Bank of Baroda, you can deposit up to Rs 49,999 at a time without a debit card and up to Rs 2 lakh at a time with a debit card. Remember, a maximum of Rs 2 lakh can be deposited in a day and for this your PAN card must be verified.
Punjab National Bank: If you have an account in Punjab National Bank, you can deposit a maximum of 1 lakh rupees at a time without a debit card, for which the PAN card should not be verified. However, if the PAN card is not verified, you can deposit only Rs 49,999 at a time.
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