In the banking system, ATM means Automatic Teller Machine. An ATM, which stands for automated teller machine, is a specialized computer that makes it convenient to manage a bank account holders funds. It allows a person to check account balances, withdraw or deposit money, print a statement of account activities or transactions, and even purchase stamps. Important Facts Related To ATMs In India:ATMs in the country: 2,21,703 till March 2019Banks having the maximum no of ATM: State Bank Of IndiaState having highest number of ATMs: Maharashtra with 25,651 ATMIndias first talking ATMs: Ahmedabad, launched by Union Bank Of IndiaThe only country where you can NEFT form India: NepalICICI Bank was the first Indian bank to provide an internet banking facility. The First bank to introduce ATM in India was HSBC in 1987, Mumbai. Central Bank of India was the first public bank to introduce credit card.