Technical News Office – At present, people are widely using online platforms to transact. From street vendors to large restaurants, you will find scanners installed. Even though online payment can now be made anywhere, sometimes we need cash. It often happens that we go anywhere using online payment, but there are places where the possibility of online payment is not available and we also do not have a debit card to be able to withdraw money from the ATM. a big problem arises. However, in this situation, Aadhar card can come in handy for you. The facility to withdraw money is available from Aadhaar number. This is possible through the Aadhaar Enabled Payment System (AePS). How? We will explain its method to you here.
How to withdraw money without an ATM?
Visit a micro ATM with AEPS support.
Enter 12-digit Aadhaar number in the micro ATM.
Place your finger for biometric authentication.
Now select “Money Withdrawal” in the transaction type.
Enter the amount you want to withdraw.
Withdraw money from the ATM. Get a receipt once the transaction is complete.
What is AEPS?
The full name of AEPS is “Aadhaar Enabled Payment System”. It provides many banking services to customers through Aadhar card. With the help of this feature, cash withdrawals, balance inquiries and fund transfers can be done. The National Payment Corporation of India (NPCI) is providing customers with the facility to withdraw money from the Aadhaar-enabled payment system.
AEPS Cash Withdrawal Limit
The bank decides the cash withdrawal limit, which is usually between Rs 10,000 and Rs 50,000. Some banks keep the AEPS service closed for security reasons. However, this service is available in rural areas and cities.
take care of important things
Even if you withdraw money using this service, it is important to take care of some important things during this time.
You need to enter Aadhaar number only in an authorized micro ATM.
Always keep the registered mobile number active to know the activity related to each transaction.
Apart from that, when your transaction is completed, take the receipt carefully.
Benefits of using AEPS
This is an efficient way to withdraw money in areas where major banks do not provide services.
The process of withdrawing payment through Aadhar card is very simple. There’s not much hassle in that.
This eliminates the dependence on withdrawing cash from ATMs.
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