ATM

ATM Full Form: Automated Teller Machine

Key Highlights

• An ATM is a machine that allows an individual to perform banking transactions like withdraw cash from the account, check account balance, or even print a passbook without visiting the bank.

• It was introduced mainly to save time and provide 24/7 access to banking services.

What is ATM?

An ATM (Automated Teller Machine) is a machine that allows an individual to perform banking transactions like withdraw cash from the account, check account balance, or even print a passbook without visiting the bank. It was introduced mainly to save time and provide 24/7 access to banking services. Today, ATMs are an integral part of everyday financial transactions in India.

How to Activate Your ATM Card?

1. After you get your ATM card, go to the nearest ATM of your bank.

2. Insert your card into the ATM and tap "Activate Card" or "Generate PIN".

3. Now, follow all the instructions that appear on the screen. There, you create a PIN for the card.

4. You can activate your card by using your bank's mobile application, internet banking, or customer service help desk number.

How to use ATM for withdrawing cash?

1. Feed in your ATM card into the machine

2. Select your language

3. Enter your PIN Number

4. Now, select the operation option "Withdraw Cash".

5. Then, select the account type you want to use, saving or current.

6. Amount to withdraw and confirm the amount

7. Collect the money, receipt if required and your card before leaving.

How to generate ATM PIN

1. Visit an ATM, or use your bank mobile application or net banking application

2. Select the "generate PIN" option.

3. Enter your registered mobile number and then follow the prompts to set a new PIN.

4. You may be sent an OTP for verification. Use this to complete the process.

How to block an ATM card?

In case your card is lost or stolen, block it immediately so no one misuses it.

• Call the customer service number of your bank or access their mobile application.

• Under the menu, you are required to select "Block Card" and input all the details needed.

• Alternatively, you can block your card through net banking.

• You are allowed to block your card through SMS on your registered number via some banks.