How do ATM deposits work?

Certain ATMs have slots to place the cash, and the machine automatically counts the money. You get an SMS confirmation on ATM deposits, and banks credits funds into your account instantly. There was a time when depositing cash in your bank account was a tedious task.

How do I deposit money in a cash deposit ATM?

Insert your ATM cum Debit Card in the Cash Deposit ATM and enter your PIN. Select from Current or Savings Account, click on the 'deposit money' option, and enter the deposit amount. Place your cash carefully in the cash deposit slot and click to continue. The machine will count the cash automatically and display the amount to be deposited.

How to deposit cash in the ATM machine?

As most of the people don't know how to deposit cash in the ATM machine and some people don't know that depositing money at the ATM is possible. There are two ways through which you can deposit cash in the ATM machine. The first one is through using your ATM card and the second one is through using account number.