Hello friends, welcome to this article today, friends, today we will know what is ATM and full form of ATM. So friends, in today’s time, there is no one who does not know about ATM, but do you know what is the full form of ATM and what is ATM, although everyone uses ATM, there is only one ATM which Banking service has been simplified which you can get easily and due to ATM you do not have to waste time by going to the bank.
So friends, the best thing is that nowadays ATM machines are being installed in rural areas as well and slowly ATM is reaching every corner of this country, so that you can withdraw and transfer money and ATM itself has made Bank Sector. There are so many people who still do not know what is the full form of ATM and what is ATM.
So now through this article, I will tell you what is the full form of ATM and what are the benefits of ATM, then friends, if you also want to know the full form of ATM, then see this article of ours till the end, so let us now know that What is the full form of ATM?
What is ATM?
Friends, let us tell you that ATM was invented by John Shepherd-Barron in 1960 and ATM was first used in Barclay Bank of London in 1967. Friends, let us tell you that ATM is an electronic machine, using which users can do all their work related to the bank, such as withdrawing money and depositing money in their bank account and transferring money, applying for a check book, and many more. The benefits of which you can avail without going to the bank and all these benefits are only and only for the customer.
This makes all the work of the bank very easy and let us tell you that these machines are automatic and there is no need to have direct contact with the bank employee. Users access their account through ATM Card and all the user’s information is encoded on a Magnetic Stripe above the ATM Card, Stripe also has an Identification which is sent by Modem to the Bank’s Central Computer and the User can enter his For all the work of accessing the account and doing transactions with your account, you use the card in the ATM machine only.
What is the full form of ATM? (Full Form of ATM)
So friends, let us now know what is the full form of ATM.
A—Automated
T—Teller
M—Machine (Machine)
The full form of ATM is “Automated Teller Machine” and it is called “Automatic Teller Machine” in Hindi and it means it calculates according to itself. Friends, many people also call ATM’s Full Form Any Time Money, which is absolutely wrong, let us tell you that ATM was first started in India in 1987 and since then many facilities have been added to ATM. .
Benefits of ATM
Friends, there is no doubt whether people get benefits from ATM machine or not. And only money does not come out of an ATM machine.
Rather, there are many other works, such as through ATM, the bank also provides a lot of facilities to its customers and it is very important to know the facilities.
All these ATMs remain open for 24 hours, which means that all of you can use them whenever you want, and because of this, you do not even have to stand in long queues in the bank.
All types of online payment can also be done with ATM card, whether it is to transfer money or to fill insurance.
What to know (Conclusion)
Friends, today we have come to know through this article what is ATM and what is the full form of ATM and we hope that you would have liked the information given by us and you would have got to learn something from this article. If you have got to learn something from this article, then definitely share it with your friends and relatives. If you have any opinion or suggestion related to this article, then definitely tell us in the Comment Box. Thank you!