Complete guide on how to generate ATM PIN on your own

Some of you must be familiar with the concept that you were given a debit card when you opened a bank account. It came inside a letter with a four-digit number. Those random numbers were to be your ATM PIN. Although banks now let their customers generate their PINs, ATM PIN generation is an easy process. The bank gives you a debit card, and you must create the PIN on your own.

ATM PIN (Personal Identification Number)

An ATM PIN is essential for both online and offline transactions. It is a four-digit code that must be kept safely. No transaction will be considered valid until you enter the correct code. It is just like a password. According to research, India is one of the countries with the highest number of debit card users. However, to some, ‘how to generate an ATM PIN?’ might be a tricky question. 

Before you begin, make sure you have a bank account and are a customer of the bank. It would help if you also had your phone number registered with them.

PIN generation at an ATM

• As you visit the ATM, the card needs to be inserted into the teller machine.
• Multiple options will be available on the screen, but you need to choose the one that says “generate ATM PIN.”
• The next screen shows two options, “generate OTP” and “available OTP.”
• Select “generate OTP.” You will receive a 6-digit, one-time password within a few minutes.
• You need to insert the ATM card again and repeat the above process. Except for this time, choose “available OTP.”
• After this, you will be asked for a PIN.
• Now enter a desired 4-digit number. Re-enter the number when asked to do so.
• Select “Submit,” which is how to generate an ATM PIN quickly.

PIN generation using SMS

• Type the message for the new PIN generation.
• Your bank must have a format and send that message to the number at which it provides SMS service.
• You will be given a temporary OTP for ATM PIN generation. It will remain valid for a few hours.
• Next, you need to go to an ATM.
• You need to insert the ATM card into the machine.
• Select the “generate ATM PIN” option.
• Enter the OTP that was previously sent to you.
• After this, you will be asked for a PIN.
• Now enter a desired 4-digit number. Re-enter the number when asked to do so.
• Select “Submit,” which is how to generate an ATM PIN quickly.

How to generate ATM PINs using customer care

• Call the customer service number of your bank.
• Request them for an OTP against your ATM card. 
• The bank will ask for a few details to verify your identity.
• Once they are satisfied, your OTP will be sent to you for ATM PIN generation. It remains valid for a few hours.
• Visit a nearby ATM.
• You need to insert the ATM card into the machine.
• Select the “generate ATM PIN” option.
• Enter the OTP that was previously sent to you.
• After this, you will be asked for a PIN.
• Now enter a desired 4-digit number. Re-enter the number when asked to do so.
• Select “Submit,” and that is how to generate an ATM PIN easily.

Changing ATM PIN online

• Visit the bank’s app or website.
• You must be logged in to your account.
• Select “card service.” You will get this option under “Service.”
• Choose the ATM PIN generation option.
• Select your account and then verify the OTP sent to you.
• Select continue. 
• Now enter your old PIN.
• Click submit.
• Enter your new, desired 4-digit PIN.
• Now select “submit.” And that is how to generate an ATM PIN in case you want to change it. 

How to change your PIN by visiting an ATM

• Go to an ATM.
• Insert your card into the teller machine.
• Select the option for ATM PIN generation.
• Now your bank account number needs to be entered.
• Select confirm.
• Enter the mobile number that you have registered.
• Select confirm.
• You will receive an OTP now. Cancel the process and re-enter your card in the machine.
• Select a language.
• Select banking services
• Enter the OTP you received and then click on “Enter.”
• Choose the option to change the PIN.
• Enter the new desired 4-digit number. Re-enter it when asked to do so.
• Select submit. That is how to generate an ATM PIN if you want to change it.

Advantages of generating ATM PINs by yourself

The cardholder gets to generate the ATM PIN at their convenience. They do not need to rush down to the bank to collect it. The bank employees will also not have to deal with keeping custody of these PINs, as it might get risky. This process saves time on both ends, i.e., the bank’s and the customer’s. This is also cost-effective; the bank will now not have to spend a tonne of money couriering these documents to their customers. This can also help reduce carbon footprints for both public and private banks.

Conclusion

The internet has made everything so easy for us. Bank work used to be tedious, but now we can do everything online or at our convenience. Things like loan taking, money transfers, ATM PIN generation, etc. This process is more secure, as you get to generate your PIN. There are fewer chances of it being leaked. Having an ATM PIN is a must because you cannot operate your card without it. It is advised not to share your PIN with anyone, not even your spouse. It would help if you went to generate your PIN yourself, as you might understand that it is a security issue. This code needs to be kept safe.

If you need help with finances, you can always take the help of a financial expert like Piramal Finance. They will suggest what’s best for you and help take care of your personal loan requirements, if any.