Guidelines

Can I deposit a cheque in any branch of SBI?

Can I deposit a cheque in any branch of SBI?

Can I deposit Cheque in any branch of SBI? Answer – Yes, you can deposit cheque in any branch of SBI in India.

Can I deposit a check at a different branch?

You can deposit a cheque (even of your own account) in any bank to any other account(even to your own account) in any other bank.

Can we deposit money in other SBI branch?

Rs 2 lakh per day is the maximum limit for the deposit of cash at the SBI non-home branch. Non-home branches do not issue duplicate fixed deposit receipts in case you have an account with the SBI. Loan discharge through cash repayment or transfer of account is not permissible from a non-home branch.

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Can I encash SBI cheque in any SBI branch?

Visit any branch of SBI and go to the cash counter of the branch. Tell the cashier that you have an account with a different branch but want to withdraw money from your bank account. Submit the cheque, show your bank passbook, and identity proof document.

Can I deposit account payee cheque in any branch?

And the banking facilities available to customers at branches other than the home branch are called non-home branches. If any cash transaction, such as deposit or withdrawal, is done at a non-home branch, a fee is levied. This fee varies across banks.

Can we deposit SBI cheque in HDFC?

You can present the cheque to a branch of SBI at your place of stay ( though your account is at other state). The SBI branch will present the cheque to HDFC through clearing on the same day , if presented before 11 a.m. The proceeds will be deposited to your account on the same day, on being paid by HDFC Bank.

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Can we deposit money in any other branch of same bank?

Generally, no, you cannot. You can deposit cash in your bank account only through your bank’s CDM. But of course you can deposit cash at a CDM in one branch of the bank if you have an account in another branch of the same bank.

Can I transfer money from other branch of same bank?

Yes, banks have imposed a limit on withdrawal from non-home branch. For instance, if you have a savings account with State Bank of India, you can withdraw up to Rs 50,000 a day at a non-home branch, using the withdrawal form accompanied with the passbook.

How can I deposit my Cheque to another account in SBI?

When using The State Bank Group mobile app, select “Deposit Checks” and follow the on-line instructions. With your camera enabled phone take a photo of the front and back of the endorsed check. Submit the photos and you’re done! The deposit process is underway as if you had come to the bank!

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How do you transfer a Cheque to another person?

Write “Pay to the Order of” and the Third Party’s Name Below Your Signature. It’s important to write the name of the person that you are signing the check over to in the endorsement area under your signature. This signals to the bank that you are endorsing the transfer of ownership for the check.