Atm to Atm money transfer guide for Indian banks

A while ago, I wanted to transfer some cash from my account to my friend’s account in different bank via ATM. But just to make sure everything goes right, I decided to look online for some guide. And during my search, I was surprised as there was no guide that explains the same.
I also found out that there are many people like me who have confusion, regarding atm to atm money transfer. So I decided to do some research, and started checking individual bank websites. But this was not enough because some of them have not even mention the ATM to ATM transfer guide in their official websites.
Therefore I mail their customer care, sent them tweets and even personally went to some bank branch to make sure that everything thing was crystal clear. And finally I will be sharing with you what I have gain. But before we begin here are few things you should know -

• Every bank have different system for ATM. Some banks like SBI supports fund transfer through ATM to it’s associate banks while some bank like pnb supports only under same bank while some banks don’t support ATM to ATM fund transfer at all. Therefor I had made a list of most popular banks in India, if you find your bank missing please let me know.
• There is no bank in India which supports inter-bank transfer through ATM. For example it’s not possible to transfer money from sbi to icici account using ATM machine. However you can do this with internet banking online or visiting your bank’s branch.
• Fund transfer limit and time varies from bank to bank.

ATM to ATM Money Transfer Sbi

You can transfer money within any sbi associated bank using your ATM card. For example you can transfer money from SBI to SBBJ but you can’t transfer money which are not in SBI associated banks for instance you can’t transfer money from SBI to icici using ATM to ATM fund transfer.
List of SBI associate banks 

1. State Bank of Bikaner & Jaipur
2. State Bank of Hyderabad
3. State Bank of Mysore
4. State Bank of Patiala
5. State Bank of Travancore

You can transfer up to Rs. 30,000/- per day instantly to your loved ones.  All you need is your SBI debit card, your pin and the beneficiary’s debit card number.  (Per transaction limit of Rs. 15,000/-) [Source link]
How to transfer money from sbi ATM
Procedure for fund transfer in SBI
Before you start make sure you have.
1. Atm card no of person whom you want to transfer money ( that person should have account in state bank associates bank only)
2. Your own card and pin no
3. Money in your bank account (obvious)

1. Go to any state bank Atm.
2. Insert your card and select transfer then you will need to enter your pin number
3. Select card to card transfer options
4. Enter the ATM card number. You will have to be quick or system will timed out.
5. Enter the amount you need to transfer, it can be any no under 15k no need to be in multiple of 100.Like you have to do in withdrawing.
6. Select the account type like saving or current. Then confirm it.

ATM to ATM money transfer icici

You can transfer money from icici account to other account in icici or other bank account but for that you will have to registered payee account with in icici bank first. [source link] Following screenshot shows the confirmation of what I said before.
The money is credited instantaneously from icici bank to other icici bank while in other banks transferring is done in NEFT clearing cycle. You can register another account for fund transfer using internet banking.

This service is free of charge and you can transfer max of 1 lakh/day from icici account to another icici account. Although not sure about icici account to other bank.

ATM to ATM money transfer pnb

This was the most difficult to find out. Some of high authority website claims that Pnb allow you to transfer funds to other bank. But when I contact the bank via mail I found out that pnb only allow you to transfer from one pnb account to other pnb account. Take a look at the screenshot below stating the same.

ATM to ATM money transfer hdfc

They don’t allow fund transfer option through atm machine. Here is screenshot of reply posted by Hdfc care.



Disclaimer
As stated all the data is from banking official websites, reply to mail and tweets from the bank representative.Please don’t blame if you find any information incomplete or misleading. I will do my best to keep the article update but you can also help me using the contact form or the comments section below.