Withdraw money from Aadhar card like ATM, avail this facility sitting at home

Now you do not need to go to bank or ATM to withdraw cash. Now you will neither have to struggle to remember the ATM PIN nor worry about the OTP to withdraw cash. You can withdraw cash from your Aadhaar card sitting at home without going to bank or ATM. In today's era of digital transactions where everything is done through mobile, there is often a sudden need for cash. In such a situation, you start looking for ATM or bank nearby. But you don't need to worry. We are telling you about such methods. Where you can withdraw cash without ATM card or OTP sitting at home.

What is Aadhaar Enabled Payment System (AePS)?

If you are wondering how to withdraw cash without going to ATM or bank, then the answer is Aadhaar Enabled Payment System i.e. AePS System. With the help of this system, you can not only withdraw cash but also check balance, deposit cash and transfer funds. You will get this doorstep banking at your home itself. For this you will only need your Aadhar card. Your Aadhaar will become your ATM.

It is necessary to link Aadhaar with bank account

To avail this service you have to link your Aadhaar with your bank account. With the help of Aadhaar number and biometrics, you can avail facilities like cash withdrawal, deposit, transaction or balance check. National Payment Corporation of India (NPCI) has created this system to help the people. You will get the convenience of transaction by entering your Aadhaar number and doing fingerprint verification.

How to avail cash withdrawal facility from Aadhaar?

To facilitate cash withdrawal sitting at home, it is necessary to link your Aadhaar with your bank account. If your Aadhaar is not linked then this facility will not be available. For this Aadhaar Enabled Payment System (AEPS) you have to visit the banking correspondent or call him at home and undergo biometric verification. Common Service Center (CSC) operators also provide this service. Whereas banking correspondent is authorized by the banks.

how it works

For Aadhaar Enabled Payment System (AEPS) you can call the banking correspondent at your home. The banking correspondent will enter your Aadhaar number in the mini ATM machine and scan your biometric i.e. finger or iris. If the details match then you can avail banking facilities like cash withdrawal, deposit, balance check etc. NPCI has set a maximum transaction limit per AEPS transaction at Rs. 10,000 has been fixed.