How Much Money Can You Deposit Through HDFC ATM Per Transaction?

Learn the cash deposit limit at HDFC ATMs and PAN card requirement for deposits over ₹50,000 in this quick guide.

342 views

Through an HDFC ATM, you can deposit up to ₹49,900 per transaction in cash, with no limit on the number of transactions per day. This makes it convenient for individuals and businesses needing to deposit cash without going to a bank branch. Remember, for deposits over ₹50,000, PAN card verification is required.

FAQs & Answers

  1. Is there a daily limit on cash deposits at HDFC ATMs? No, there is no daily limit on the number of cash deposit transactions through HDFC ATMs; however, each transaction can deposit up to ₹49,900.
  2. Do I need to provide PAN card details for HDFC ATM deposits? PAN card verification is required for cash deposits exceeding ₹50,000 at HDFC ATMs as per regulatory guidelines.
  3. Can businesses use HDFC ATMs for large cash deposits? Yes, businesses can deposit cash at HDFC ATMs with a maximum of ₹49,900 per transaction and an unlimited number of transactions per day.