What Is the Daily Cash Deposit Limit for SBI Savings Account CDM?

Learn about the daily cash deposit limits for SBI Savings Account through Cash Deposit Machines (CDM), including the impact of PAN card registration.

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The limit for depositing money into an SBI Savings Account through a Cash Deposit Machine (CDM) typically has a daily maximum of INR 49,900 for accounts without PAN card registration, and higher amounts can be deposited in accounts with a registered PAN. It's essential to check the latest guidelines as these limits can be subject to change based on bank policies.

FAQs & Answers

  1. What is the maximum amount I can deposit daily in SBI CDM without PAN? You can deposit up to INR 49,900 daily into your SBI savings account through a Cash Deposit Machine without providing a PAN card.
  2. Does linking a PAN card increase the SBI CDM deposit limit? Yes, registering your PAN card with your SBI savings account generally allows you to deposit higher amounts through the CDM compared to accounts without PAN linkage.
  3. Where can I check the latest SBI cash deposit limits? The most accurate information about SBI deposit limits can be found on the official SBI website or by contacting SBI customer service, as limits may change based on bank policies.

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For more detailed information on SBI banking services and guidelines, consider exploring related content on SBI account features, transaction limits, and how to link your PAN card to avoid deposit restrictions.

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