Aeps is a system developed by National Payments Corporation of India (NPCI) that allows people to withdraw money from their Aadhaar linked Indian bank accounts, without debit card. To avail this service, only Aadhaar number of customer is needed and customer can withdraw money by placing their finger on biometric device for fingerprint verification.
Services Offered
1. Balance Enquiry
2. Cash Withdrawal
Features
1. No Account Number and IFSC needed.
2. No ATM card needed.
3. Service available on all days including National and Bank holidays.
RBI approved payment system.
4. No hidden costs other than charges payable.
5. Withdraw money of any branch of any bank.