Interoperable Cash Deposit (ICD):
- Now Varachha Bank Debit CardHolders can use NFS networked Cash Recyclers/Cash Deposit Machines of ICD participating member banks for depositing cash in their own account or third party account.
- The service is convenience to customers by allowing them to use any participating Bank’s Cash Recycler/Cash Deposit Machine to deposit cash into their own account or any third party account.
- Many Banks have already deployed about 30,000 + Cash Recyclers/Cash Deposit Machines for catering their own customers, which can be enabled for interoperable transactions.
Some of the key features and Benefits of this service are:
- Real time credit to beneficiary account.
- Card based transaction – Depositor is identified.
- Third Party account deposits.
- Instant verification of notes by cash recycler/cash deposit machine.
- Deposit Limit of less than Rs.50,000/- per transaction i.e. Rs 49,990/-.
- Paperless Transaction
Per Transaction Fee
@NFS Cash Recyclers/Cash Deposit Machines using VCB Debit Card
@VCB Cash Recyclers Machine to Other Bank Account using VCB Debit Card
Cash deposits upto Rs. 10,000/-
Rs.25/- + GST
Cash deposits between Rs. 10,001/- to Rs. 49,999/-
Rs 50/- + GST
NFS ICD Live Bank List