How To Deposit Cash Using ATMs: A step-by-step guide

A Credit Card is a convenient payment tool that lets you make purchases for which you can pay later. Your card issuer will set a credit limit, which you can utilise to shop, pay bills and more. Another good-to-know feature of Credit Cards is cash withdrawal. Like how you would use a Debit Card to withdraw cash from an ATM, you can also use a Credit Card to withdraw cash. There are, however, certain conditions associated with such withdrawals. In this article, you can get information on how to get cash from your Credit Card.

ATMs, or Automated Teller Machines, are self-service devices managed by banks, allowing customers to perform various transactions independently. Initially, ATMs were limited to cash withdrawals and balance inquiries, but recent advancements have added functionalities like cash deposits and fund transfers. When you deposit cash at an ATM, the amount is credited to your bank account, with the transaction typically reflecting within minutes.

1. Select the Right ATM

Not all ATMs support cash deposits, so it’s essential to choose an ATM that offers this service. Most banks label their ATMs or provide information on their websites or mobile apps indicating which locations accept cash deposits. Choosing an ATM within a bank branch or in a secure location is recommended for added safety and assistance if needed.

2. Prepare for the Transaction 

Before visiting the ATM, ensure you have everything required for a seamless deposit: 

• Debit Card: Required to access your account through the ATM.
• Cash: Organize your cash neatly, removing any torn or damaged notes, as some machines may reject these.
   

3. Initiate the Deposit 

Insert your debit card into the ATM and follow the on-screen instructions. Enter your Personal Identification Number (PIN) as prompted to access the menu. Carefully read the instructions, as ATM interfaces may vary slightly in the deposit process. 

4. Enter Deposit Details 

Once you’ve selected the deposit option, the ATM will prompt you to enter essential details: 

• Account Type: Choose either savings or current.
• Deposit Amount: Enter the total cash amount you intend to deposit.
   

Some ATMs have denomination restrictions, so ensure your deposit amount aligns with the ATM’s requirements. You may also need to confirm the total amount before proceeding. 

5. Insert Cash

Following the deposit instructions, place your cash into the designated slot. Some ATMs may require you to place the cash in an envelope, while others allow direct insertion into a tray. Ensure that the notes are properly aligned to avoid issues during the deposit process.

6. Verify the Transaction

The ATM will display a summary of your transaction for verification. Double-check the amount and account details to ensure accuracy. If all information appears correct, confirm the transaction to proceed.

7. Collect Your Receipt and Card

After confirming the deposit, the ATM will print a receipt as proof of the transaction. Review the receipt for details such as the transaction reference number and deposited amount. Don’t forget to retrieve your debit card before leaving the ATM.

8. Ensure Your Security 

When depositing cash at an ATM, it’s crucial to prioritize safety. Keep your PIN and personal details private, and stay alert to your surroundings during the transaction. If you notice any signs of tampering or suspicious behavior, avoid using the ATM and report it to the bank immediately. 

Depositing cash at HDFC Bank ATMs is a simple and efficient process, allowing customers to add funds to their accounts without visiting a branch. With an extensive network of ATMs across India, HDFC Bank makes it easy to deposit cash at any convenient time, saving both time and effort. This feature is designed to provide a hassle-free banking experience, backed by the reliability and accessibility of HDFC Bank’s ATM services.

Disclaimer: Terms and conditions apply. The information provided in this article is for general information only and should not be considered specific advice. Consult your bank for guidance tailored to your situation.