The full form of ATM is Automated Teller Machine. An ATM is a computerized device that enables individuals to conduct various banking transactions without the need for a human teller. It provides a convenient way to access and manage bank accounts, even outside banking hours.
Here are some key points about ATMs:
- Convenience: ATMs allow you to access your money 24/7, regardless of bank opening hours.
- Accessibility: They are widely available in various locations, including banks, shopping malls, airports, and gas stations.
- Various Transactions: Besides cash withdrawals, ATMs can be used for deposit checks, transfer funds, check account balances, and even pay bills.
