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What does ATM mean in India?

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Anonymous

∙ 15y ago
Updated: 8/18/2019

Automatic Teller Machine - it dispenses cash and can also take deposits or checks/cheques and cash.

You may see store offering payment by EFT-POS which means Electronic Funds Transfer - Point of Sale which is known as Debit card in the USA.

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Wiki User

∙ 15y ago
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Related Questions

What does word ATM mean in India?

In computing;Asynchronous Transfer Mode(ATM)But in India;Automated Teller Machine(ATM)


Which bank has more ATM centre in India and how much?

State Bank of India has maximum ATM across India.


Which bank issued first ATM card in India?

The Bank of India was issued the first ATM-Card in India.


Which bank in India have the maximum or highest ATM counter in India?

State bank of india is the highest atm counter of india. Ranjan dey 9831826225


Which person has its own ATM in India?

The first person to have his own ATM in INDIA is Mr. Rajesh Jaipuria from Bhopal.


What does ATM stand for in the banking system in India?

ATM- Automated Teller Machine


How many ATM of united bank of India in India?

10


Can minor get ATM card in India?

no


Can you get the net banking password by ATM in State Bank of India?

can I get net banking password through the ATM in State Bank of India?


How many ATM transactions per day in India?

125-130 per atm


Which bank largest numbers of ATM's in India?

State Bank of India


When state bank of India introduce the ATM facility in India?

1994

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