ATMs have become a multifunctional hub for your banking needs. While previously only used for withdrawing or depositing money, they now allow you to perform a variety of useful banking services from the comfort of your home, without visiting a bank branch.
ATMs are no longer just cash withdrawal and deposit machines; they have become a comprehensive digital hub for your everyday banking. Thanks to modern technologies and services, you can now not only withdraw money but also complete your banking tasks from the comfort of your home. Let’s explore how ATMs have made banking easier, safer, and more convenient, and what services are now available to you.
Balance and mini statement viewing facility
Now you can check your account balance without visiting a bank branch. Your available balance is displayed directly on the ATM screen. Additionally, a mini-statement option is available, allowing you to quickly view details of the most recent 5 to 10 transactions. This lets you keep track of how much money you’ve spent or how much has been deposited into your account. This service also saves time.
Fund Transfer and Bill Payment
Many ATMs now offer the option of transferring funds from one account to another. If both accounts are with the same bank, this process is quick and secure. Additionally, bills like electricity, water, mobile, or gas bills can also be deposited directly through an ATM. Simply enter your account number and bill information and make the payment. This eliminates the hassle of long lines and offline payments.
Mobile Number Update and PIN Change
You can also update your bank account’s mobile number online from the comfort of your home. This feature is available at some ATMs. Additionally, every ATM offers a PIN change feature, ensuring the security of your account. If you need a new card, you can generate a new PIN from the ATM. This security mechanism protects you from unnecessary risks.
Cheque book and account statement
If you prefer, you can request a new check book from the ATM itself. It will be mailed to your address. You can also request your account statement, which will be printed and delivered to you immediately. This facility eliminates the need to visit a bank branch and saves you time.
Today’s ATM has become a complete banking hub, combining liquidity, security, and convenience. Complete your essential tasks from the comfort of your home, whether it’s checking your balance, transferring funds, paying a bill, or changing your PIN. It’s safe to say that ATMs have become a modern, compact, and reliable form of banking. By utilizing these features wisely, you can save both time and energy.
