Aadhar Enabled Payment System (AePS)

Overview
  • AePS is a service offered by NPCI (National Payments Corporation of India) which allows online interoperable financial transactions between banks using Aadhar authentication.
Features
  • Can operate Aadhar linked accounts maintained with other banks
  • Customers can operate accounts beyond the bank business hours also
  • Customers can open their savings bank account at BC points by using e-KYC
  • Maximum Transaction limit - 10,000/- per customer per day
Services offered by AePS
  • Cash Deposit
  • Cash withdrawal
  • Funds Transfer (Aadhaar to Aadhaar)
  • Balance Enquiry
  • Mini Statement
Benefits
  • Customers no need to wait in Branch for account opening.
  • No standing in branch queues for small financial / non-financial transactions
  • No worries about security. All transactions will be completed using customer Aadhaar authentication.
Rates & Charges
NIL
How to register ?
Please contact your home branch for linking Aadhaar to your bank account.
Designed by Yaswanth Gupta Bondada & Raghav Vellore