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Bengali: এই ব্লগটি এখানে বাংলায় পড়ুন।
Need to withdraw money from ATM? When it comes to the easiest way to withdraw cash, a small cabin with a machine inside it, called an Automated Teller Machine (ATM), can be the best solution.
The respective banks where we have our bank accounts provide us with an ATM cum debit card to withdraw cash easily from ATM.
Table of Contents |
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What is an ATM? |
Types of ATMs |
What is the structure of an ATM Machine? |
How to withdraw money from an ATM? |
Bottomline |
What is an ATM?
An Automated Teller Machine is an electronic banking machine that allows a bank account holder to perform basic money transactions, like withdrawing cash, without any other human presence.
Apart from withdrawing cash, ATMs have begun to offer a plethora of useful services like –
- Open or withdraw a fixed deposit;
- Apply for loans;
- Pay insurance premium;
- Pay utility bills;
- Deposit checks and cash, etc.
Apart from these services, depending on the location and bank, each ATM offers a combination of various services apart from the basic withdrawal of cash.
While an ATM has become a familiar term, the usage of this machine is still a confusing task for many, especially in rural areas, where financial inclusion is still a new concept.
In this article, we have explained the basics of an ATM, followed by the simple procedure of how to withdraw money from an ATM so that one can be well aware of the withdrawal process.
Types of ATMs:
All ATMs are mainly of two types – on-site and off-site.
On-site ATMs are those which are available inside a bank’s compound, whereas an off-site ATM is located in other places, without the presence of a bank branch.
Other than this, ATMs are differentiated on the basis of their origin and purpose. These include –
1. White Label ATMs:
These are set up and operated by Non-Banking Financial Companies (NBFCs) and offer the most popular ATM services.
2. Yellow Label ATMs:
These ATMs are provided to assist people with e-commerce transactions.
3. Brown Label ATMs:
These ATMs are not directly owned by a financial institution but are leased to provide ATM facilities in various places.
4. Orange Label ATMs:
These ATMs are used for all transactions related to the trading of shares.
5. Pink Label ATMs:
These ATMs are made for use by women only.
6. Green Label ATMs:
These ATMs facilitate all transactions related to agriculture.
7. White Label ATMs:
These are set up and operated by Non-Banking Financial Companies (NBFCs) and offer the most popular ATM services.
8. Yellow Label ATMs:
These ATMs are provided to assist people with e-commerce transactions.
9. Brown Label ATMs:
These ATMs are not directly owned by a financial institution but are leased to provide ATM facilities in various places.
10. Orange Label ATMs:
These ATMs are used for all transactions related to the trading of shares.
11. Pink Label ATMs:
These ATMs are made for use by women only.
12. Green Label ATMs:
These ATMs facilitate all transactions related to agriculture.
What is the structure of an ATM Machine?
The ATM machine drawing below depicts the essential components that comprise the basic structure of an ATM machine.

- Display screen – This atm screen guides the transaction of the user by visually showing them the functions of the machine, and helping them perform the task they need to.
- Card Reader – This is an input device that identifies your bank account on the basis of the card you feed into the reader.
- Cash Dispenser – This is the output device from where you can acquire the cash you have withdrawn through the machine.
- Receipt Printer – This is the point from where you will get the receipt of your transaction, after it is complete.
- Keypad – This is an input device that guides you through your transaction. Whatever you input through the keypad, will be reflected on the display screen.
How to withdraw money from an ATM?
Let us now look at the steps to withdraw money from an ATM.
Step 1: Insert ATM Card:
Insert your ATM Card in the ATM machine in the slot as marked in the above diagram.
Step 2: Select Language
Select your language from the language options appearing on the display screen (shown in the diagram above).
Step 3: Enter 4-Digit ATM Pin:
Use the Keypad(as marked in the diagram) to enter your 4 digit ATM Pin Number.
Do not ever share your ATM Pin with anyone. Ensure that nobody is watching you, while you enter the Pin.
Be careful while entering the Pin, as a wrong PIN may lead to the blockage of the ATM card.
Step 4: Select the type of Transaction:
On the ATM screen, you will be able to see different types of transaction options such as Deposit, Transfer, Withdrawal of Money, etc.
For cash withdrawal, you will have to select the Withdrawal Option.
Step 5: Select the Type of Account:
After selecting the cash withdrawal option, the screen will display different account types, select your account type.
As an individual banker, you should be choosing a savings account, as current accounts are a special type of accounts used by businesses.
Some ATMs offer you a choice to add a line of credit to your account. This can help a banker when they need excessive money in an emergency.
Step 6: Enter the withdrawal amount
Now, enter your withdrawal amount.
Make sure that you do not enter a withdrawal amount more than the balance in your account.
Now press enter.
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Step 7: Collect the Cash:
Now collect the cash from the lower slot of the machine (as shown in the picture above).
Step 8: Take a printed receipt , if needed:
After you collect the cash, you will get an option of whatever you want a printed receipt of the transaction. If you want a printed receipt, click yes and close the transaction.
Step 9: Another Transaction:
If you want to undertake another transaction then select that option.
Withdrawals from an ATM card debit amount from any existing bank account (either savings or current), so when you wish to withdraw, ensure that you have sufficient balance in the account.

Bottomline
When ATMs first came to India, people used to call them All Time Money or Any Time Money, and that is the biggest advantage of these machines. One is no more restricted to the bank’s working hours to do basic transactions like drawing cash or checking bank balance etc.
And the second biggest benefit is nowadays you can withdraw cash from any bank’s ATM, need not be restricted to your specific bank’s ATM.
After reading this article, I hope you are confident about how to withdraw money from ATMs and your next visit will be hassle-free. Ensure safe withdrawal and do remember to count your money and take the card out of the slot before leaving the ATM.
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Happy Reading!
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in step 5 select your account ???what should i select ???pls response asap thankyou
Hi,
Thanks for reading through. In the fifth step you will find the options of the type of bank account. Select the option of your account type as to whether it is a Savings/ Current account and proceed.
Thank you
Very interesting post. All content is clearly written and thank an author for the explanation.
how can i generate 3d secure code in atm branch .pleas explain me step by stem. i have sbi debit card but how can i activate for 3d secure code. please your suggession help us lot
Hello Chandu,
Thank you for your comment.
We do not have domain expertise to help you with regards to the issue faced by you.
Your Bank: SBI will be the best person to guide you in this situation.
You can read more blogs on banking topics here.
Happy Reading!!
Dear madam,
I am working in a co-op bank, can u give me best practice ATM Reconciliation process.
Hi Vinod,
This is just an informative blog for knowledge.
Thank you for reading!
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Great information you shared through this post! Thanks for the marvelous posting.
Hi,
Thank you for reading our blog!
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Informative 4th step may be elobrated
Hi,
Thank you for your feedback.
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I have a 6 digit pin # when I got the card 3 years ago. Will it still work?
Hi Jim,
If your credit/debit card has not expired then the pin should work.
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The information given by you is very useful to me…. thanks !
I like the valuable information you provide in your articles.
I will bookmark your weblog and check again here frequently.
I am quite sure I will learn lots of new stuff right here!
Good luck for the next!
Dear Author,
Thank you for writing this article, it is very informative and useful. As per my experience there is a vital difference between educated and being financial educated. The article written by you will make people financial educated.
Regards,
Abhishek
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Nice information. Thanks for sharing the article in the blog.
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Thanks but button besides the screen what are they meant for
Hi,
You can chat with our team member if you have any queries related to the courses or blogs by clicking on it.
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This article is very impressive.. Thank you.
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We are glad that you liked our blog post.
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Thank you, interesting answers, and I have learnt something
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Hi…great information here..thank u so much.
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Nice very useful
thanks
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We really appreciated that you liked our blog.
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your post is very useful and informative. thanks..
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We really appreciated that you liked our blog.
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How can I get the atm card, after I finish the step of withdrawal?
Hi,
Usually, the atm card comes out automatically after the cash comes out of the ATM.
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