The document outlines several advantages and features of ATMs. It discusses how ATMs allow 24/7 access to accounts from multiple locations, are more convenient than carrying large amounts of cash, and provide improved customer service by reducing lines at banks. ATMs also lower costs for banks by requiring fewer human tellers. Additionally, the document notes key features that ATMs offer, such as funds transfers, balance checks, transaction histories, PIN changes, cash deposits, bill payments, mobile recharges, and cash withdrawals. Finally, it provides details on Axis Bank's large ATM network across India.

1. 1
ADVANTAGES OF ATM
• The ability to access one's account 24/7 at multiple locations
• The ease of carrying a slim card as opposed to a wad of cash
• Improved customer service, as lines in traditional banks decrease
• Lowered costs, as fewer human tellers are needed
• More security when compared to cash; if an ATM card is reported as
stolen, the thief won't be able to withdraw any cash
• Good quality of notes, as ATM may give customers new currency notes
• Free from error, as there is not human error as far as ATMs are
concerned
• Beneficial for travelers, as they do not need to carry large amount of
cash with them. They can withdraw cash from any city or state, across
the country and even from outside the country with the help of ATM
1

2. 2
FEATURES OF ATM
• Transfer funds between linked bank accounts
• Receive account balance
• Prints recent transactions list
• Change your pin
• Deposit your cash
• Prepaid mobile recharge
• Bill payments
• Cash withdrawal
• Perform a range of features in your foreign language.
2

3. 3
AXIS BANK ATM BRANCHES
• Axis Bank is the third largest private sector bank in India.
• Bank has a large footprint of 4,758 domestic branches
• It has 10,990 ATMs & 5,972 cash recyclers spread across
the country
• Bank has 6 Axis Virtual Centers with over 1,500 Virtual
Relationship Managers
• Daily withdrawal limit of Rs. 50,000 and purchase
transaction limit of Rs.2,00,000
3