Yes, you can transfer money using an ATM machine. ATMs offer convenient options to move funds between your bank accounts or to other accounts, often without needing to visit a bank branch.
- You can typically transfer money between your own linked bank accounts, such as moving funds from a savings account to a checking account.
- Some banks also provide a 'Fund Transfer' or 'Quick Transfer' option to send money to registered beneficiaries using platforms like NEFT or IMPS.
- Newer ATMs also support cardless cash withdrawals via UPI, enabling a secure transaction using your mobile app and UPI PIN.