Money can be deposited in Prabhu Bank account from the machine, how to use it?

Aug Wed 2021 11:35:34

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Money can be deposited in Prabhu Bank account from the machine, how to use it?

The obligation to go to the bank to deposit the money has been removed. Prabhu Bank, a leading private sector bank, has launched a system to keep money from machines. With the introduction of this, the obligation to deposit money by queuing at the bank's counter for a long time has come to an end.

With the use of Cash Deposit Machine Cash Recycle Machine (CRM) introduced by Prabhu Bank, customers can deposit money in the desired account without going to the counter.

The bank has launched a cash recycling machine (CRM) in the bank of its choice since July 8. At present, only Prabhu Bank's customers can deposit money in the bank's account, but the bank is preparing to provide inter-bank deposit facility within a month, said Rashmi Pant, chief operating officer of the bank.

He said that all the banks affiliated to Nepal Electronic Payment System (NEPS) will be included in the CRM and inter-bank cash deposit facility will be provided.

A cash deposit machine is like a cash recycle machine (CRM) ATM. With the help of which money can be deposited immediately just like withdrawing money from any bank account.

After depositing the amount, after typing the account number that the customer wants to deposit, the deposit box opens. In which up to Rs. 1 lakh at the rate of Rs. 500 and Rs. 1000 can be deposited at a time. Even if you keep money, money and account number appear on the screen. The customer has to make sure that it is right or wrong

The money kept in the box is credited to the account in real time. After the money is deposited in the account, a notification comes to the account holder's mobile and the voucher is printed from the machine.