If you are a customer of State Bank of India (SBI), you now have another way to Withdraw, Deposit and Transfer money from/ to your accounts. With the introduction of Transaction Processing Device (TPD), SBI is now moving towards a complete paper less banking eco-system.
Till now, ATM’s were clearly the most favourite destinations to withdraw money from your accounts. Some advance ATM’s, also did have capabilities to deposit money to your account, but the number of such ATM’s is very less. Now with the advent of TPD, you can withdraw money, deposit money to your account or transfer money to your friend/ family account, all without using paper and pen.
But, unlike ATM’s, these TPD’s will not be available on the roadside. Instead, these will be installed with in the banks’ and at the counters where you generally make such transactions.
All you have to do is swipe your SBI ATM/ Debit card in the TPD (similar to the devices you may have seen in stores). Press 1 on the device, which is the key for ‘Money Depositing’. Then enter the amount you want to deposit and confirm it in the next step. Once that is done, enter your ATM/ Debit card PIN number and over the money the counter incharge (generally, the cashier). Once the amount is verified by the cashier, he’ll deposit the amount in the your account and you can instantly take the receipt that comes out of the TPD.
If you are Unhappy about something in SBI, remember there is one SBI Unhappy complaint service which you can make use of.