Now the days of going to the bank depositing money are over. Prabhu Bank has introduced Cash Recycle Machine (CRM) service facility by eliminating the requirement of physical presence at the cash counter of the bank for depositing money.
The bank has brought CRM service in operation from Friday. With this, depositors can now deposit money in the bank account from Cash Recycle Machine (CRM).
The money deposit service in the bank account from the machine is currently available from the head office of the bank at Babar Mahal. The bank has plans to gradually expand this service to other parts of the country.
For the time being, the facility of depositing money from the machine brought into operation by Prabhu Bank will be available only for the customers who have an account with Prabhu Bank. Arrangements will be made to deposit in the accounts of other banks besides Prabhu Bank in collaboration with NEPS.
The obligation to go to the cash counter of the bank will be removed by using the facility of depositing money in the bank account from the machine officially installed by Prabhu Bank. This will save the time of the customer and get rid of unnecessary congestion, the bank said.
