look news india
Aadhaar ATM: If you too are tired of visiting ATMs or banks to withdraw cash, then do not worry because cash will be available at your home itself. Shocked? This is a service with the help of which you can get cash sitting at home. That too without going to ATM or bank. This may seem strange to you but it is possible with the help of Aadhaar ATM. The postman will deliver cash to your home. Through India Post Payment Bank, you can withdraw cash without going to bank or ATM. What is Aadhaar ATM and how to withdraw money sitting at home? Understand specifically.
What is this Aadhaar ATM?
Aadhaar ATM is a facility that lets you withdraw cash sitting at home. Aadhaar ATM Service means Aadhaar Enabled Payment Service (AEPS). This payment service means the convenience of withdrawing cash sitting at home. To use AePS, you first have to link your bank account with Aadhaar number. This banking service is provided using the account holder or biometric with the help of Aadhaar ATM service.
How does Aadhar ATM service work,
Based on the customer's biometric information of bank accounts linked to Aadhaar, customers can access basic banking facilities like cash withdrawal, balance enquiry, mini statement etc. at home. Not only this, you can also transfer Aadhaar to Aadhaar funds with the help of this service. If you have linked multiple bank accounts to one Aadhaar number, you need to select the bank account from which you want to withdraw money at the time of transaction. Through this service you can do cash transactions up to Rs 10,000.
What is the charge?
If you order cash from home through India Post Payment Bank, then you will not have to pay any charge, but the bank will charge you for door step service. To use this service you must first…
– Have to go to the official website of IPPB.
– Go there and select door step option, fill the information like your name, mobile number, email ID, address, pin code.
– Write the name of the bank where you have your account.
– Submit by clicking on I Agree. The postman will deliver the cash to your home within a few minutes.