A Project Report On ATM Submitted to Computer Science & Engineering Faculty of Engineering & Technology ( Co-Education) In Partial Fulfilment of the semester project Submitted By Maniknath (SG22CSE068) Manjunath (SG22CSE069) Prajwal.V.N (SG22CSE100) Niranjan (SG22CSE092) Under The Guidance Of Dr.Sumangala Patil
Acknowledment I would like to express my sincere thanks to Dr.Sumangala . Patil for her valuable guidance and support in completing my project. I would also like to express my gratitude towards our dean Dr.Shivakumar.Jawalagi for giving me this great opportunity to do a project on "ATM System". Without their support and suggestions, this project would not have been completed.
ABSTRACT: The ATM System is the project which is used to access their bank accounts in order to make cash withdrawals. Whenever the user need to make cash withdraws, they can enter their PIN number (personal identification number) and it will display the amount to be withdrawn in the form of 100’s 500’s and 1000’s. Once their withdrawn was successful, the amount will be debited in their account . The ATM will service one customer at a time. A customer will be required to enter ATM Card number, personal identification number (PIN) – both of which will be sent to the database for validation as part of each transaction. The customer will then be able to perform one or more transactions. Also customer must be able to make a balance inquiry of any account linked to the card.
INTRODUCTION: Automated Teller Machine enables the clients of a bank to have access to their account without going to the bank. This is achieved only by development the application using online concepts. When the product is implemented, the user who uses this product will be able to see all the information and services provided by the ATM, when he enters the necessary option and arguments. The product also provides services like request for cheques , deposit cash and other advanced requirement of the user. The data is stored in the database and is retrieved whenever necessary. The implementation needs ATM machine hardware to operate or similar simulated conditions can also be used to successfully use the developed product .
Advantages of ATM Machine Quick and prompt service is possible with less human errors. It is beneficial for travellers. It provides 24 hrs. services without any staff and reduces the work load on bank staff. Withdraw cash at any time or in urgent without the help of bank. It ensures privacy to the customers. The withdrawal of rupees is faster than bank, no need of standing long lines. Maintenance cost is less as no bank staff is involved in transaction. It also provides receipt for details of withdrawal of money and balance in account.
Disadvantages of ATM Machine It cannot provide services in rural region in our country whereas banks are available in the villages. Customers do not have proper knowledge of its operation so feel hesitate to use it. If ATM card is lost, no withdrawal of rupees. There is possibility of misusing and hack the ATM card. If dispense error in ATM machine, not received rupees but account will be debited. Personal touch of customers-employee relation is missing. Due to leakage of PIN, fraud can take place easily. Initial cost of hardware, software, and installation site is very high. Limitation of withdrawal of money.
To develop this ATM system the entire operation has been divided into the following step : 1.Personal Identification Number 2.Check Your Balance 3.Withdraw 4.Deposit 5.Transfer Funds 6 . Quit
Conclusion: We hope through this article, you got to know about ATMs and their benefits. They are very safe and secure machines. They are helpful for bank transactions. Nowadays they are available in every region. ATMs are upgraded with time. Many new functions have been implemented in the machines.