Eight Lesser-Known transaction you can do at an ATM
By Lokmat English Desk | Published: August 21, 2023 11:47 AM2023-08-21T11:47:29+5:302023-08-21T11:47:29+5:30
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ATM stands for Automated Teller Machine, once these machines were designed to dispense cash. Further it has become an important tool for people to withdraw cash. Meanwhile, the ATM machine allows customers to withdraw money from their account, besides transaction you can do these things at ATM.
Card to Card Transfer: You get the facility to transfer money from one debit card to another debit card at ATM machines of most banks. Thus, with the help of this 'card to card' transfer, money can be transferred from one account to another without visiting a bank branch.
Credit Card Payment : You can pay your credit card bill through an ATM machine. Visa card company has provided this service at ATMs of most banks especially to promote paperless payments.
Payment of Insurance Premium: You can also pay your life insurance premium at an ATM machine. Apart from LIC, HDFC Life and SBI Life insurance premiums can be paid through ATM machines.
Check Book Request : You run out of checkbook and don't have time to visit a bank branch, the solution to your problem is to avail 'Check Book Request' at the ATM machine. You can go to ATA and request for a check book.
Payment of Bills: If there is an electricity bill and you go to withdraw money from an ATM, you can pay it from the ATM machine itself. Electricity Boards in most states of the country have listed themselves on ATM machines of banks.
Registration of Mobile Banking :You want to get all the updates related to your bank account on your mobile. So you can take help of ATM machine to start this service on your phone.
To Change PIN Number : You can change your ATM card password or PIN number online. But, if you've ever been to an ATM, you can do this pretty well here too.
Transfer to account: Apart from 'card to card' transfer you can also transfer money from ATMs directly to your account. For this, you need to know the account number to which you want to transfer the money i.e. Savings or Current.
