How to use bank ATMs

Here are some tips from SBI for how to use (Automatic teller machines) ATMs.

At ATMs you can -

Withdrawal Cash
Make a balance enquiry
Print mini statement
change your PIN
Many more new utilities and services at ATMs are in the offing.

Not all banks allow their credit cards/debit cards to be used free of charge at other bank’s ATM other than their own interconnected ATMs. i.e. when you use debit card to know your account balance other than bank’s ATM they will charge fees or if you withdraw cash against your bank account at other bank’s ATM they will charge higher transaction fees.

Before, using other bank’s ATM or merchant outlets, look and match for sign at ATM or a merchant outlet, with the sign printed on your credit card/debit card. If VISA sign is printed on card then other bank’s ATM or merchant outlet should display VISA sign.

If MASTERCARD sign is printed on your card, then other bank’s ATMs or merchant outlets should display the sign of MASTERCARD.

Here is an interesting advertisement from Union Bank of India.

Update 1: [04.04.2009]

ATM/Debit cards in India :

Reserve Bank of India has provided relief to all ATM/Debit cards users by instructing all banks not to charge any fee for cash withdrawals using ATM and debit cards issued by other banks form 1^st April, 2009 and onwards. That means, you can withdraw cash from any ATM fro free by using ATM/Debit cards from 1^st April, 2009 and onwards.

However, banks can still charge extra for services such a cash withdrawal with the use of credit cards and at ATMs located out side India.

Update 2: [17.05.2010]

Here is a good ad from ICICI bank on precautions while using an ATM

Update 3: [15.09.2011]

Multi-Purpose ATM:

More information on www.icicibank.com/atm