![]() Navigate options either using the touch screen or with the number keypad. Enter your four digit PIN (Personal Identification Number) Insert the card into the slot on the machine. Traditionally, you will need a card to use an ATM, but some banks provide other options. You can use a Debit card or an ATM card each is associated with a different type of bank account. Here are the ways through which you can withdraw cash:ġ) Using ATM: The most easy way to withdraw money from your bank account is by using an ATM. Notify your bank immediately if there has been a fraudulent transaction. now allow the card-less cash withdrawal facility.Īlso, monitor suspicious transactions on your bank account. With a rising number of cloning cases of debit cards while using it to withdraw money from ATMs, the likes of State Bank of India, Bank of India, HDFC Bank, ICICI Bank, AXIS Bank etc. While making any transactions at ATMs, stand close to the machine and use your hand to shield the keypad as you enter the PIN. Also, do not write the pin number on the card itself. To ensure that only the person you have issued the cheque to is able to encash the amount, you should put a double cross line and write “A/C payee.” Such a practice is a precautionary measure to ensure that the money will be credited only to a bank account and not handed over to someone else.ĭo not share the debit card or the pin number with your friends or office colleagues. In case you find an entry specifying a transaction you haven’t authorised, raise the concern immediately with the branch manager. Update your passbook and check the last few transactions just to be sure. So, appoint an authorised person from your family or friends whom you trust on money matters. This authorisation is allowed in the following cases: the account holder is sick, is a senior citizen or disabled and unable to visit the bank branch personally to withdraw cash. So, no one else can withdraw money from your account unless you give a written consent authorising another person to withdraw cash on your behalf. Also, you need to be present while withdrawing cash from your account. While taking out money from your account using the bank’s withdrawal form, it is mandatory to have a bank passbook in most cases.
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