atm card paragraph for ssc and hsc. atm card paragraph for class 6, 7, 8, 9, and 10.
ATM card paragraph
An ATM card is an important medium for exchanging money. ATM means Automatic Machine.
ATM card terms and conditions are stated in the agreement regarding the availability of withdrawals and other electronic payment services.
The bank may issue a card if it maintains an account at any of its branches. The bank reserves the right to refuse an application for the issuance or renewal of a card.
If different cards are issued to joint account holders each cardholder will be jointly and severally liable with the bank. The card is the property of the bank and must be returned to the bank.
The card should be used by the cardholder alone. It should not be exchanged or sworn in as security under any circumstances. It is very dangerous to take a lot of money from one place to another.
An ATM card enables a bank customer to avoid the risk of cash handling. The purpose of this card is to act as another currency.