How to Make the Most of Your ATMs NOW!
ATMs are becoming more powerful than before and banks are consciously driving its usages with the concept of branchless banking.
October 12, 2011 / 16:15 IST
By BankBazaar.com
ATMs are becoming more powerful than before and banks are consciously driving its usages with the concept of branchless banking. A visit to an ATM today can help you accomplish myriad value-added transaction services like utility payments, pre-paid mobile re-charge, credit card payments, tax payments and much more.But are all customers aware of the various facilities that are available through ATMs? Many still use ATMs for cash withdrawal and balance enquiry only! See what all you can do with your ATM!Payment of Credit Cards You can pay your credit card bill through the ATM, using your debit card. This facility is useful only if both your credit and debit cards are of the same bank. On typing the amount you wish to pay, the fund will be immediately transferred in your credit card account and you will also get a receipt. An over-the-counter transaction of the same comes for a fee. For example, HDFC bank charges Rs 50 and ICICI Bank Rs 100 if you opt to pay over the counter.Payment of Utility BillsElectricity bills, telephone bills, insurance premiums etc. can be paid through your ATM. Some banks do have tie ups with BSNL/MTNL, gas agencies and other agencies of the similar line to offer you discounts from 0.5% to 1% of bill payments made through ATM bill payments. This is valid only in selected cities at present, but soon expected all over India. This will not only save your time but money also.Tax Payment You can register your debit card with your bank
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