The first cash deposit machine (CDM) of State Bank of India (SBI) was inaugurated in Mangalore city on Wednesday.
Krishna Mohan Trivedi, General Manager, SBI, Bangalore, who inaugurated the facility, said that customers are now no longer required to wait in the long queue at branches for depositing cash.
They can remit cash to their account with SBI at any of its branches in the country using their ATM cards. This CDM is functional round the clock, he said.