An Automated Teller Machine (ATM) is an electronic device allowing bank customers to complete financial transactions like cash withdrawals, deposits, and fund transfers on their own, 24/7. Common types of ATMs in India include:
- On-Site ATMs (inside bank premises) and Off-Site ATMs (other convenient locations)
- White-Label ATMs (operated by non-bank entities)
- Specialised ATMs: Green Label (agricultural), Orange Label (stock market), Yellow Label (e-commerce), and Pink Label (for women's safety)