look news india
If you need money in an emergency and do not have time to go to the bank or ATM. Also, if UPI is not working or the limit has been reached then you will get the money as soon as possible sitting at home. By using Aadhaar ATM service you can withdraw money sitting at home. This service has been started by the post office.
Indian Post Payments Bank wrote in its post on social media that if there is an urgent need of money and you do not have time to go to the bank, then there is no need to worry. Now you will be able to withdraw money from home using Aadhaar ATM (AePS) service. Postmaster will help you in withdrawing cash sitting at home.
How does this service work?
With Aadhaar Enabled Payment System (AEPS) one can use their biometrics to withdraw cash or make payments from their Aadhaar linked account. Customers can withdraw small amounts using AePS without visiting ATM or bank, thereby saving time. However, your Aadhaar must be linked to the bank account to use this service.
What services will you be able to access?
With Aeps system you will be able to withdraw cash sitting at home. You can also check how much money is in your bank account. You will also be able to withdraw mini statement from this service. Apart from this, funds can also be transferred to any other bank. Let us tell you that no charge is taken from you for these services, but the charge for doorstep service will be as per the existing charges.
What should be required for Aadhaar ATM service?
If you want to use Aadhar ATM then you must have a bank account. Apart from this, it is also necessary to link Aadhaar with the account. Biometric authentication will also be mandatory.