The ATM card cum Debit card which we generally call as ATM card or Debit card is the biggest savior in today’s world. ATM cum Debit cards are issued by banks to let the customers withdraw money and transfer funds from their accounts as well as perform cashless transactions. Now a days, most of the payments we made is done through a debit card. Debit cards eliminate the need to carry cash or physical cheques to make purchases. Debit card gives you the freedom to withdraw money from ATMs, make day to day purchases at Merchant locations like Jewelry Stores, Apparel Stores, Petrol Pumps, Restaurants, on various mobile wallets, E-commerce websites for shopping, booking air/rail/movie tickets & utility bill payments online. The money is immediately transferred from the cardholder’s bank account when making any transactions. Hence, it behaves like a boon in this generation and you can’t ignore it.
Process of using ATM cum Debit card at ATMs:
- Insert your card in the slot provided.
- Select the language (if language selection option is available).
- Enter your PIN.
- Select your transaction. You have the option of carrying out financial and non-financial transaction.
- In case of cash withdrawal, enter the amount that you wish to withdraw. On approval, you’ll receive your cash and will be able to view the balance on the transaction slip.
Please Note: Some ATMs may request you to select the account type, i.e., Saving or Current.
In order to avoid financial fraud, we must keep in mind the following safety measures while using the ATM cum Debit card:
- Keep your card in safe custody. Do not hand it over to anyone or leave it unattended.
- Keep your card details confidential. Card details include 16 digit card number, card valid thru (expiry) date, 3 digits Card Verification Value (CVV) printed on the back of the card, ATM PIN & OTP.
- Do not respond to Phone calls, E-mails, SMSs etc. requesting you to provide confidential details of your card for any reason.
- Memorize PIN instead of writing it down. Do change them periodically.
- Do not handover your card and/or provide ATM PIN details to ATM guards or anybody, while transacting at any ATM.
- Keep your mobile number and E-mail ID address updated with Bank to get transaction alerts account statement or any other communication from Bank if you receive any transaction alert through SMS/ E-mail or observe any debit entry in your account statement which is not executed by you, immediately call customer care for detail and/or to hotlist/cancel your card or internet banking.
- Immediately call customer care to hotlist/ cancel your card, in case it is lost or stolen or is captured by any other bank ATM.
