Nagarik Sahakari Bank Ltd. Bhiwandi provides Cash Deposit Machines (CDM), also known as Cash Recyclers, at its key "E-Lobby" locations. These machines allow you to deposit cash directly into your account without waiting in bank queues, with the amount being credited instantly.
Key Features
The bank’s CDM/Recycler facility is designed for speed and convenience, especially for business owners and individuals in the busy Bhiwandi market areas.
► 24/7 Availability: Deposit cash even after bank hours, on Sundays, and on public holidays at the E-Lobby.
► Instant Credit: The amount is credited to your Savings or Current account immediately after the machine successfully validates the cash.
► Cardless Deposit: Most machines allow you to deposit cash using just your Account Number, though using your Debit Card is the most common method.
► Real-time Validation: The machine automatically counts the notes and detects counterfeit or damaged currency instantly.
► Print Receipt: You receive an immediate printed transaction slip showing the denomination of notes deposited and your updated account balance.
► High Denominations: The machine typically accepts ₹100, ₹200, and ₹500 notes in a single slot.
