Although most of the transactions of money transactions are dealt through netbanking these days, but there are many times when the customer has to go to the bank in which your precious time is spent. But now SBI has solved this problem to a large extent.
Delhi: SBI has given great convenience to customers in the matter of cash withdrawal. SBI has launched Automated Deposit and Withdrawal Machine (ADWM) which provides a lot of facilities to customers. Through ADWM you can withdraw cash as well as deposit it. If you are a customer of SBI, then this machine can save you a lot of time.
What is ADWM?
The Automated Deposit and Withdrawal Machine (ADWM) is an ATM-like machine from which customers can deposit cash directly into other customers’ accounts using an ATM debit card. Without going to the branch, customers can use this machine to deposit money in the account immediately and withdraw cash. Today, the use of these machines has increased considerably.
SBI tweeted video
SBI has told through its official Twitter handle that customers can take advantage of major banking facilities through the adwm existing nearby. Though cash is withdrawn from ADWM like an ATM, but cash can also be deposited from ADWM. SBI has posted a video via tweet which gives complete information about ADWM.
Why stand in a queue when you can avail key banking facilities on an ADWM near you? Watch the video to know more about the facilities available on it.#ADWM #YONOSBI #YONO #Banking #BankingSerivices #ATM pic.twitter.com/1aqPVFYRjU
— State Bank of India (@TheOfficialSBI) February 4, 2021
How to deposit cash from SBI ADWM
Go to any SBI ADWM
Now enter the account to which you want to transfer money, keep the amount of money you
want to transfer, keep it on the tray
, wait
for the transaction to become successful, after a while you will get the message of successful transaction on the screen.
Fully digital transaction
Instant and convenient deposits and withdrawals can
completely
transfer money from paperless transaction cash as well as accounts to
PPF, RD and can also deposit cash in loan accounts in
SBI account of anyone other than your account. Can also be deposited. The
limit per transaction for cardless deposits is Rs. 49,900. There is
a limit of Rs. 2 lakhs through a debit card
. Only Rs. 100, Rs. 200, Rs. 500 and Rs. 2000 notes can be inserted in ADWM
Cash withdrawal and other benefits
You can withdraw cash from this SBI machine as well as accounts of other banks.
Yono cash ADWMs have the facility of cardless cash withdrawal
. You can use this service to change your password at regular intervals for changing PIN
accounts. You can also check the balance of the
account, you can also remove the mini statement of the account,
in the mini statement, you get information about the last 10 transactions.
