Kochi: It is no longer possible to withdraw money from SBI Cash Deposit Machines (CDMs). SBI has temporarily suspended the facility of withdrawing money from CDM following widespread scams. CDM is a machine similar to an ATM that can deposit and withdraw money.
Customers can withdraw money using CDMs as well as ATMs. SBI has suspended its services following reports that withdrawals from CDM were not reflected in the account. At the same time, the only obstacle is withdrawing money from the CDM. Bank officials said there was no impediment to depositing money.
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The bank has started trying to find the cause of the fraud and find a solution. Until then, money cannot be withdrawn through CDM. Officials said withdrawals would not be difficult as 99 per cent of CDMs have SBI ATMs nearby. SBI has 3500 ATMs and 600 CDMs in Kerala.