ATM Tips: Smart people don't just withdraw money from ATMs, they do these 10 things..

Whenever we talk about ATM, the only picture that comes to mind is that money can be withdrawn from there. The main function of ATM is to provide cash to people without going to the bank. However, ATM is used for many other purposes, which very few people know about. Let us know what 10 things you can do along with withdrawing money from an ATM.

1- You can withdraw money

Everyone knows that money can be withdrawn from an ATM, which is its main function. For this, you should have your ATM card i.e. debit card and you should remember its PIN. You can withdraw money from your account by inserting the ATM card in the ATM.

2- Checking balance, viewing mini statement

Many people check their account balance from ATM. You can also check what transactions you have done in the last few days by going to the ATM. You can see the last 10 transactions in the mini-statement.

3- Transfer money from card to card
According to the website of the State Bank of India, you can transfer money from one SBI debit card to another card. Through this, up to Rs 40,000 can be transferred every day. No charge is taken by the bank for this. For this, you should have your ATM card, you should know your PIN, and also the card number of the person to whom you want to send money.

4- Credit card payment (VISA)
You can pay the dues of any VISA card through ATM. However, for this, you must have your card and you should also remember its PIN.

5- Transfer money from one account to another
You can also send money from your account to another account through ATM. A maximum of 16 accounts can be linked to one ATM card. After this, you just have to reach the ATM with your card and you can transfer money with complete security without any worry.

6- Payment of life insurance premium

You can also pay the life insurance premium using ATM. Many insurance service-providing companies like LIC, HDFC Life, and SBI Life have tied up with banks. Under this, you can pay your life insurance premium through ATM with complete security. You just have to remember the policy number and have the ATM card with you.

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