Tech

ATM full form || Automated Teller Machine : Meaning, Advantages

what is the full form of atm || atm ka full form || full form of atm || एटीएम का फुल फॉर्म

What does ATM mean?

An Automated teller machine (ATM), or automated teller machine, is a computerized machine that dispenses cash or provides other self-service banking facilities to customers of a financial institution without the need for human cashiers or bank personnel.

What is the full form of atm? || atm full form || atm ka full form || atm long form

full form of atm:- Automated teller Machine

Atm full form in hindi:- स्वचालित टेलर मशीन



History of ATM

The first ATM became operational in 1967 at a Barclays Bank branch in London, although there are records of a cash dispenser in Japan dating back to the mid-1960s. Interbank transactions allowing a customer to use one bank’s card at another bank’s ATM in the 1970s.

ATMs spread around the world within a few years, gaining a foothold in every major country. They can now be found in small island nations such as Kiribati. Currently, there are over 3.5 million ATMs in operation across the world.

Various Types of ATM

There are mainly two types of ATMs.




  • Basic units only allow cash withdrawal by customers and provide updated account balances.
  • More complex machines in which you can also deposit cash, facilitate credit line payments and transfers, and access account statements.

How ATM works

You need to insert the plastic ATM card inside the ATM machines to start the functioning of the ATM. Some machines require you to drop your cards, some machines allow card swapping. These ATM cards contain your account details and other security information in the form of a magnetic stripe. When you drop/swap your card, the machine receives your account information and asks for your PIN number. After successful authentication, the machine will allow financial transactions.

How to Use ATMs?

To avail of the facility of Automated Teller Machine, you need to have a bank account and an ATM card for the same account. The difference between ATM card and debit card is that ATM card only allows cash withdrawal but debit card allows online payment and swipe payment as well. Most of the time, banks issue a card as both, a debit card and an ATM card. You can insert this card at an ATM to withdraw cash or for other purposes supported by the particular ATM.

Every automatic teller machine has a few common basic parts, even though they may vary in size and design. These are:




What is ATM full form || Newssow.com

Input Devices

Card Reader: Every automated teller machine has a place to insert a debit or ATM card. ATM cards have a magnetic stripe on the back (or in some cases, a chip on the front) containing account details. The card reader recognizes these details and sends them to the user’s server.

Keypad: All ATMs are provided with a keypad where you can enter the number to enter the PIN, the amount you want to withdraw, the type of transaction you want, or cancel the transaction. These keypads can be either physical buttons on an ATM or a virtual keypad on a touchscreen.

Output Devices

Display Screen: Every ATM has a display screen, usually an LCD or CRT that displays transaction information such as steps to make a transaction or balance after withdrawal. It acts as a guide to transact.




Cash Dispenser: Cash is deposited securely in an automated teller machine by bank officials. Have a cash dispenser from where you can deposit cash after withdrawing a certain amount from ATM.atm full meaning || atm full form || एटीएम का फुल फॉर्म || Newssow.com

Receipt Printer: After completing the transaction, the receipt printer in the ATM records the type of transaction, amount withdrawn, any balance remaining. If requested, you receive a receipt from the receipt printer.

Speaker: Most ATMs have a speaker where audio instructions are given to access the machine and transact.

Thus, we see that ATMs have increased the reach and convenience of the people manifold. It helps people to keep cash in times of urgent need, especially when you are not at your bank branch location where you have an account. You can also withdraw cash on bank holidays or after working hours as you are not dependent on them.

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What are the full forms of ATM Worldwide?

  • Automated Teller Machine
  • Air Traffic Management
  • Anti-Tank Missile
  • Asynchronous Transfer Mode




Functions OF ATMs

  • Deposit of cash
  • Transfer of cash
  • Accounts details
  • Mini statement
  • Account balance details
  • Change the pin code
  • Withdrawal of cash
  • Regular payment of the bill
  • Recharge of prepaid mobile

Advantages of ATM

  • ATM service is available 24/7.
  • ATM gives service without any error.
  • ATMs are more useful for travelers.
  • It reduces the work pressure on the bank employees.

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