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Bank ATM: Whenever it comes to ATM, most of the people believe that you can withdraw money from it. Actually, the most important function of ATM is to provide cash to the people. However, ATM is also used for many other purposes, about which very few people know. Let us know which 10 things you can do along with withdrawing money from ATM.
1- You can withdraw money
Everyone knows that money can be withdrawn from ATM, which is its main function. For this, you should have your ATM card i.e. debit card and you should remember its PIN. You can withdraw money from your account by inserting your ATM card in the ATM.
2- Checking balance, viewing mini statement
Many people check their account balance through ATM. You can also go to the ATM and check what transactions you have done in the last few days. You can view the last 10 transactions in the mini statement.
3- Transfer money from card to card
According to the website of State Bank of India, you can transfer money from one SBI debit card to another. Through this, up to Rs 40 thousand can be transferred every day. No charge is taken by the bank for this. For this you must have your ATM card, you must know your PIN as well as the card number of the person to whom you want to send money.
4- Credit Card Payment (Visa)
You can repay any Visa card balance through ATM. However, for this you must have your card with you and you must also remember its PIN.
5- Transfer money from one account to another
You can also transfer money from your account to another account through ATM. Up to 16 accounts can be linked to one ATM card. After this you just have to reach the ATM with your card and you can transfer money with complete security without any worries.
6- Payment of life insurance premium
You can also pay your life insurance premium using an ATM. Many insurance service providing companies like LIC, HDFC Life and SBI Life have tied up with banks. Under this, you can pay your life insurance premium through ATM with complete security. You just have to remember the policy number and keep the ATM card with you.
7- Request for check book
If your check book is full then you do not need to go to the bank to get a new check book issued. For this, you can go to ATM and request for a new check book from there. This check book will be delivered directly to your registered address. If your address has changed then enter the new address while requesting for the check book.
8- Bill payment
You can also pay any of your utility bills using ATM. However, you can't pay every bill. You have to first check whether the company whose bill you want to pay has a tie-up with the bank or not. Before making payment, you will also have to register the biller by visiting the bank's website. Well, very few people use it these days, because bill payment is done through UPI.
9- Registration for Mobile Banking
Nowadays many banks start internet banking and mobile banking as soon as the account is opened. However, if your mobile banking is not active, you can activate it by visiting an ATM. Even if you do not want to avail the mobile banking service already available, you can still de-register it by visiting the bank.
10- You can change the PIN
If you want to change the PIN of your ATM card, you will get this facility at the ATM. Many times people change their PIN because someone else comes to know it. On the other hand, changing your PIN at regular intervals is a good habit, so that you can avoid the risk of cyber fraud.
