What is the Full Form of CDM.??

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  • Опубликовано: 14 дек 2024
  • What is the Full Form of CDM.??
    CDM: Cash Deposit Machine.
    CDM stands for Cash Deposit Machine. The Cash Deposit Machine is a machine similar to the ATM Machine, which lets you deposit money into the account directly using either the bank account number, ATM Card or Debit Card. CDM is a self-service terminal where one can conduct cash-based payments and deposits. One can use this machine to quickly credit their account without going to the bank. The recent or current bank balance is also provided on the transaction receipt. One of the Cash Deposit Machine's most impressive advantages is instant money credit into respective bank accounts, available every day of the week at any time.
    One can locate standalone CDMs or access an ATM-cum-cash deposit machine nearby by using Google maps or Official Bank websites. The account is immediately credited after the deposited amount is counted and collected in a machine slot.
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