How to Use ATM | Frequently Asked Question on ATM Usage

As I have told you at the beginning of the article that ATM is an automatic teller machine that provides the facility of depositing and withdrawing money. If you have an ATM card, you can withdraw money through it anywhere without going to the bank. With this, the customer gets the money easily at the time of need.

In ATM, the customer can use the following types of cards debit card, credit card, prepaid card, any card can be used easily. Debit cards also come in many types like MasterCard, VISA, etc.

ATM provides many types of services to the customers. You do not need to go to the bank for all these tasks like balance inquiry, cash deposit, mobile recharge, mini statement, or PIN change. You can do all these things through ATM.

To withdraw money from the ATM, first of all, you have to swipe your card in the ATM. After this, you will have to pay the amount. Now you have to enter your PIN number which is also called Personal Identification Number. In this way, you will be able to withdraw money through ATM.

It becomes very important for everyone to know this and such questions arise in the minds of many people. So I would like to tell you that you can withdraw money by swiping your ATM card in any ATM machine of your country. Because ATM card is valid in all the banks of the country. With this, you can use it anywhere and anytime. Even if you are in another state, you will be able to withdraw money through an ATM card.

If your ATM card is lost then you should take the following precautions. First of all, you have to immediately inform your bank that your ATM card has been lost and lodge a request with the bank to cancel that old ATM card. After this, you will also have to submit a request to the bank to make a new ATM card. When you inform the bank about the loss of your ATM card, the bank will immediately block your card. Due to this, no one will be able to transact with your card.

Yes, the ATM charges of each bank are different. ATM charges depend on which bank you have your account with. If your account is in a private bank then higher ATM charges will be charged there. At the same time, ATM charges are much lower in government banks. There are some banks that do not charge ATM charges at all like Kotak Mahindra, Airtel Payments Bank, etc. You can use ATMs in these banks without ATM charges. But if you get a physical ATM made, you will have to pay its charges.

If you have forgotten the PIN of your ATM card, then you can contact your bank and request to create a new PIN. The bank will provide you with a new PIN. Along with this, if you have any other problem then you can request the bank to make a new card. Some banks will provide you with a new card for free. But some banks will charge you for the new card, which you will have to pay.

Yes, every bank sets a certain limit for its ATMs. A customer can withdraw only as much money as the limit imposed by the bank in a day from that ATM at one time. You cannot withdraw more money in a day. The limit of bank ATM also depends on the location, if the ATM is in a rural area then its limit can be up to ₹ 10000 per day or even ₹ 20000 per day. But if the bank’s ATM is in an urban area then its limit can be up to ₹ 50000 per day.

The full form of an ATM machine is an Automatic Teller Machine. Whose job is to deposit and withdraw cash. ATM provides many more facilities to the customer as you can also know the information of your bank account through ATM. Along with this, you can also inquire about your balance.

All ATMs in India are managed by the National Payments Corporation of India. Along with this, all the ATMs are also maintained by them. So if we understand who controls ATMs in India, then the correct answer would be National Payments Corporation of India.

Actually, there can be many reasons for blocking of ATM like if you enter the wrong PIN multiple times then your ATM gets blocked. Because the ATM machine feels that your ATM has reached the wrong hands. That’s why he blocks your ATM. If your ATM is stolen or lost, then in this problem also you can get your ATM blocked.