How Do I Use AEPS for withdrawal and deposits?

Steps to Use AEPS for Withdrawing Money

These steps shall guide you on the process and help you keep frauds in check –

  • Icon

    Visit a micro ATMs or go to an AePS centre

  • Icon

    Enter your Aadhaar Card number and Bank Name, phone number in the PoS (Point of Sale) machine or ask the agent to do it

  • Icon

    Tell the banking agent you would like to withdraw money from your account and tell them how much you would like to withdraw. The agent will choose the correct type of transaction and will enter your amount into the machine

  • Icon

    The banking agent will ask for confirmation, which will be done through a fingerprint or iris (eye) scanner.

  • Icon

    The banking agent will provide you with cash for the amount you wish to withdraw

  • Icon

    Collect receipt of the completed transaction. You will also receive a message on your registered mobile number from your bank about the transaction.

Quick Tip

The AEPS agent may ask you for some money as his fees for supporting you. Please check with them on how much they are charging before availing the service.

Using AEPS For Depositing Money

  • Icon

    Visit a micro ATMs or go to an AEPS centre

  • Icon

    Enter your Aadhaar Card number and Bank Name in the PoS (Point of Sale) machine or ask the agent to do it for you

  • Icon

    Tell the banking agent you would like to deposit money into your account and tell them how much you would like to deposit. The agent will choose the correct type of transaction and will enter your amount into the machine.

  • Icon

    The banking agent will ask for confirmation, which will be done through a fingerprint or iris (eye) scanner

  • Icon

    You can hand over the cash you would like to deposit into your bank account to your banking agent now, and you will receive a receipt of the transaction

  • Icon

    Check your account balance to confirm that the transaction is complete. Tell the banking agent you want to check your account balance

Continue reading to know about How to Use AEPS for sending money to others

Next Chapter