AEPS

AePS stands for AADHAAR ENABLED PAYMENT SYSTEM.

Aadhaar Enabled Payment System (AEPS) is a sort of installment framework that depends on the Unique Identification Number and permits Aadhaar card holders to consistently make money related exchanges through Aadhaar-based confirmation.

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  • Simple

  • Secure

  • Fast

  • Scalable

  • Flexible

Financial Inclusion

To sub-serve the goal of Government of India (GoI) and Reserve Bank of India (RBI) in furthering Financial Inclusion.

Electronification of retail payments

To sub-serve the goal of RBI in electronification of retail payments.

Aadhaar enabled Banking services

To build the foundation for a full range of Aadhaar enabled Banking services.

AePS Mini Banking

AePS stands for AADHAAR ENABLED PAYMENT SYSTEM. With the help of AePS technology, banking transactions like cash withdrawal, cash deposit, balance inquiry & money transfer is possible in a very simple, secure and faster way.

User does not need to remember his / her bank account number, passwords, PIN etc to deposit / withdraw money from bank account. Just need to remember AADHAAR No and the name of the bank where his / her aadhaar number is linked and a clean finger.

User needs to get in touch with our nearest CSP and ask for the service. There is limit of depositing and withdrawing per day as per NPCI and RBI.

Customer Service Points are a type of entity where some individuals who act as agent of the bank and the place where it is not possible to open a brick and mortar branch of the bank. CSP basically acts like the representatives of banks and provides all kind of assistance in opening an account under banking rules & regulations. CSP Agents essentially helps people in all the problems which may occur during opening of bank accounts.