Aadhaar Enabled Payment System (AePS)

AePS stands for Aadhaar Enabled Payments Systems which aims to facilitate financial inclusion via Aadhaar or fingerprint authentication.

AePS is a bank-led model which allows online financial transactions at PoS (Point of Sale / Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank using the Aadhaar authentication.

This system is designed to empower a bank customer to use Aadhaar as their identity to access their respective Aadhaar enabled bank account and perform basic banking transactions like balance enquiry, cash withdrawal, and cash deposit through a Business Correspondent.

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AePS Illustration

AePS Services

Explore the various services available through our AePS platform

Cash Withdrawal

Cash Withdrawal

Withdraw cash from your Aadhaar-linked bank account using your fingerprint for authentication.

Cash Deposit

Cash Deposit

Deposit cash into your Aadhaar-linked bank account securely and conveniently.

Balance Enquiry

Balance Enquiry

Check your account balance instantly using your Aadhaar number and fingerprint.

Mini Statement

Mini Statement

Get a quick overview of your recent transactions without visiting the bank.

Aadhaar Pay

Aadhaar Pay

Make payments directly from your Aadhaar-linked bank account using your fingerprint.

Fund Transfer

Fund Transfer

Transfer funds to other bank accounts securely using Aadhaar authentication.

How AePS Works

Simple steps to use our AePS services

01
Step 1

Visit AePS Agent

Locate and visit your nearest AePS-enabled agent or Business Correspondent.

02
Step 2

Provide Aadhaar Number

Share your 12-digit Aadhaar number with the agent for verification.

03
Step 3

Select Bank & Service

Choose your bank and the service you want to avail (withdrawal, deposit, etc.).

04
Step 4

Fingerprint Authentication

Authenticate the transaction using your fingerprint on the biometric device.

Benefits of AePS

Why choose our AePS services

Accessibility

Access banking services in remote areas without the need for a physical bank branch.

Security

Biometric authentication ensures secure transactions and prevents fraud.

No Debit Card Required

Perform banking transactions without the need for a debit card or remembering PIN.

Convenience

Quick and easy access to banking services with minimal paperwork.

Financial Inclusion

Brings banking services to the unbanked and underbanked population.

Cost-Effective

Reduced transaction costs compared to traditional banking methods.

Become an AePS Agent

Join our network of AePS agents and earn additional income by providing essential banking services to your community.

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Frequently Asked Questions

Find answers to common questions about AePS

AePS (Aadhaar Enabled Payment System) is a payment system that allows bank customers to use Aadhaar as their identity to access their Aadhaar-linked bank accounts and perform basic banking transactions like balance enquiry, cash withdrawal, and cash deposit through a Business Correspondent or banking agent.

To use AePS services, you need your 12-digit Aadhaar number and your fingerprint for biometric authentication. Your bank account must be linked to your Aadhaar number.

Yes, there is a transaction limit for AePS. Currently, the maximum amount for a single transaction is ₹10,000. However, this limit may vary depending on the bank and the type of transaction.

To become an AePS agent, you need to apply through our platform. You'll need to provide your personal details, business information, and necessary documents. Once approved, you'll receive training and the required equipment to start offering AePS services.

Yes, AePS is highly secure as it uses biometric authentication (fingerprint) which is unique to each individual. This ensures that only the account holder can access their bank account. Additionally, all transactions are encrypted and processed through secure channels.