Withdraw money from Aadhar card without using ATM card, know how

ATM Cash Withdrawal Rules: At present, people are using online platforms extensively for transactions. From street vendors to big restaurants, you will find scanners installed. Even though online payment can be done everywhere nowadays, still sometimes we need cash. It often happens that we go anywhere relying on online payment, but there are some places where online payment facility is not available and neither do we have a debit card so that we can withdraw cash from ATM.

Now in such a situation a big problem arises. However, in this situation Aadhar card can be useful for you. Facility to withdraw cash is available from Aadhaar number. This is possible to do through Aadhaar Enabled Payment System (AePS). How? We are going to tell you its method here.

How to withdraw cash without ATM?

• Go to a micro ATM that supports AEPS.
• Enter your 12 digit Aadhaar number in the micro ATM machine.
• Place your finger on it for biometric authentication.
• Now select “Cash Withdrawal” as transaction type.
• Enter the amount you want to withdraw.
• Withdraw cash from ATM. Take receipt after completion of transaction.

What is AEPS?

The full name of AEPS is 'Aadhaar Enabled Payment System'. It provides many banking related services to the customers through Aadhar card. With the help of this facility, cash withdrawal, balance inquiry and fund transfer can be done. The facility to withdraw money from Aadhaar enabled payment system is provided to the customers by National Payment Corporation of India (NPCI).

AEPS cash withdrawal limit

The cash withdrawal limit is decided by the bank, which usually ranges between Rs 10,000 to Rs 50,000. Some banks keep AEPS service closed due to security reasons. However, this service is available in rural areas and towns.

important things to keep in mind

• Even if you withdraw cash using this service, it is important to keep some important things in mind during this time.
• You should enter Aadhaar number only in micro ATMs which are authorized.
• Always keep the registered mobile number active to keep track of every transaction related activity.
• Apart from this, when your transaction is completed, take the receipt carefully.

Benefits of using AEPS

• This is an effective way to withdraw money in areas where main banks do not provide service.
• The process of withdrawing payment through Aadhar card is very easy. There is not much hassle in this.
• This eliminates dependence on withdrawing cash from ATM.