Axis Bank Cash Deposit Machine Near Me

By Ashok Lathwal . November 28, 20212 Mins read

Axis Bank(previously named UTI Bank) is an institution that represents the new age philosophy of Banking in India. It was founded in 1993, just after the economic liberalization, and has been a leading force for 27 years. The customer base they have acquired in the time it has existed enjoyed the stability and forward-thinking of a private company.

Axis Bank’s leading mantra for success is convenient services, and to achieve that, they have set up Cash Deposit Machine all over the country. In this article, you will learn about the features of a cash deposit machine and how to find one near your vicinity.

Axis Bank Cash Deposit Machine Near Me

Steps to find AXIS Bank Deposit Machine(CDM) Near Me

Go to Axis Bank official website.
On the top navigation section, go to the “Bank Smart” section.
Go to the “Branch Banking” section and click on “Cash Deposit Machines.”
Go to the Benefits section of the page and click on “Read More.“
You will see the words CDM locator and select the “Click Here” section.
Click “Ctrl+F” on your browser, and it will open the search option.
Type in your Pin Code or codes near your vicinity.
It will highlight all the CDM’s and you can then select one.

Note: Direct link for Axis Bank CDM Locator: LINK

Axis Bank CDM Deposit Limit & Charges

As per The Reserve Bank of India guidelines, you cannot deposit more than Rupees 49,990 without a Pan card. However, once you’ve registered the pan card, you can deposit up to 2 lac with a debit card.

Convenience Fees

Axis Bank recently added a fee of 50 rs for using the CDM facility for specific accounts and schemes. For you to get charged with these charges, you would have to meet these two categories.

Account Types:

Domestic customer
NR(Non-Resident) customer
Savings scheme
Salary Schemes,

Timing:

Use CDM during the Axis Banking Hours: 5:00 pm to 9:30 am Indian Standard Time(IST)
During Bank Holidays observed by the company.

All the Account types that are excluded from the fees are-

Priority
Burgundy
Basic
Small Savings schemes

Axis Bank CDM Charges

Axis bank applies the CDM charges of ₹50 per transaction for all its schemes, excluding the priority, small savings, burgundy, and basic schemes. The Bank applies the CDM charges between 5 pm to 9:30 am on working days and bank holidays.

Axis is the top leading Private bank in the country, and its CDM facilities are excellent. As the customer, it is essential to take advantage of the service provided by the bank. So it’s time to go out and make your first automated cash deposit confidently.