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What is the Full Form of ATM? ATM Full Form in in Hindi

ATM Full Form

The full form of ATM stands for Automated Teller Machine. ATM is an electronic device that most of us use for financial transactions. ATMs allow customers to withdraw cash from their respective bank accounts without visiting their bank branch. It is one of the best and most hassle-free platforms where customers can carry out all their transactions such as cash withdrawals, cash deposits, and transfers on their own without the help of bank representatives. Charging of nominal transaction fees is by ATM operators that do not support our accounts. This fee can be avoided if we use the ATM of each bank where our accounts are stored. ATM is a widely available option worldwide, also known as ATM in some parts.

The procedure for Getting an ATM:

The banking authority provides customers with an ATM card and a security PIN to access the card. After the insertion of the ATM card into the ATM, the device will ask for a PIN code. The customer must enter a PIN code that matches the PIN code recorded on the card chip. After entering the correct PIN, the customer gains access to his bank account and thus can proceed with the transaction. ATM full form in the computer is Automated Teller Machine.

Background of ATM:

The first working device was known as the “Computer Borrowing Machine”. This device was shipped by Japan in 1966. The machine was used to issue cash as the basis for a loan after a credit card was inserted into the machine. ATMs were first purchased in 1967 at a Barclays Bank branch in North London. This machine was invented by actor Reg Varney.

Then in 1970, after discussing with other banks, you could use one bank’s card at another bank’s ATM for transactions. Today, ATM is a worldwide facility that makes people’s lives easier. People worldwide use around 3 million ATMs. ATM full form in banking is Automated Teller Machine. Many of us ask the question, “What is the full form of ATM?” Well, the full form of ATM in English is Automated Teller Machine.

Types of ATM (Automated Teller Machine)

The 2 basic types of ATM are:

Onsite ATM:

Each branch’s ATM is located at the bank’s branch office location.

Offsite ATM:

The ATM is in a different location from the bank building. This ensures that the public has better access to facilities even though the bank branch is far away. This is how the promotion of banks occurs through easy accessibility.

Key Advantages of ATMs:

Here are some of the key advantages of ATMs for users:

  • Automated Teller Machines (ATMs) are electronic banks that allow people to make transactions without going to their bank branches.
  • Some ATMs are regular ATMs, while others allow various transactions such as check deposits, wire transfers, and bill payments.
  • The first ATMs appeared in the mid to late 1960s and have grown to more than 2 million worldwide.
  • Today’s ATMs are technological marvels, many of which can accept deposits and other banking services.
  • To reduce ATM fees, use your own ATM as much as possible.

Understanding of Automated Teller Machines (ATMs)

The first ATMs came into light in 1967 at the London branch of Barclays Bank, although there were reports about the using ATMs in Japan in the mid-1960s.12 Interbank communication networks, allowing users to use bank cards in Using other bank cards ATMs followed in the 1970s.

The spreading of ATMs worldwide was within a few years and was present in every major country. In addition, you can see ATM machines in small island nations like Kiribati and the Federated States of Micronesia.

Design Elements of ATM:

Although the design of each ATM is different, they all contain the same essential parts:

Card Reader:

This section reads the chip on the front or the magnetic strip on the back of the card.


The customer uses the keyboard to enter information, including a personal identification number (PIN), the type of transaction required, and the transaction amount.

Cash Dispenser:

The issuance of the bill is through a slot in the machine. Moreover, it has a safe connection to a safe at the bottom of the machine.


If users require printing of receipts, they can get them from the ATMs. The type of transaction, amount, and account balance are on the receipt.


An ATM issue prompt guides the user through the process of completing a transaction. Transmission of information such as account and balance information is also on the screen. In addition, today’s full-service machines often have slots for depositing checks or cash.

How to Use an ATM?

Banks set up ATMs inside and outside their branches. Other ATMs are located in high-traffic areas such as shopping malls, grocery stores, convenience stores, airports, bus and train stations, gas stations, casinos, restaurants, and other locations. Most bank ATMs are multipurpose, while others are located offsite primarily or exclusively for cash withdrawals.

At ATMs, users must use a plastic card — a bank debit or credit card — to complete the transaction. Users have the authentication with a PIN before making the transactions. Many cards come with a chip that transmits data from the card to the machine. They work like barcodes whose scanning is by a code reader.

ATM Ownership:

In many cases, banks and credit unions have ATMs. However, individuals and businesses can also buy or rent ATMs on their own or through an ATM franchise. When individuals or small businesses, such as restaurants or gas stations, have ATMs, the profit model is based on the user’s filling of the machine.

Banks also have ATMs for this purpose. They take advantage of the convenience of ATMs to attract customers. ATMs also free up bank employees from some customer service and save the bank money on payroll costs.

ATM Full Form in Hindi:

ATM full form in Hindi (एटीएम) का  मतलब Automated Teller Machine (ऑटोमेटेड टेलर मशीन) होता है। एक और एटीएम का फेमस फुल फॉर्म एयर ट्रैफिक मैनेजमेंट होता है. Automated Teller Machine के ये दो फुल फॉर्म बहुत प्रसिद्ध हैं। इन दोनों के अलावा, एटीएम के कुछ और प्रसिद्ध फुल फॉर्म हम इस लेख के अंतिम पैराग्राफ में देखेंगे. इस लेख में, हम ATM के फुल फॉर्म के बारे में विस्तृत जानकारी प्राप्त करेंगे.

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