AEPS stands for Aadhaar enabled payment system in which if your Aadhaar card is linked with your bank account then you can use your basic banking activities using Aadhaar card. This is known as AEPS service and software through this done is known as AEPS software.
Here we will learn how can you withdrawal your money from your bank account using your Aadhaar card. To withdrawal money using Aadhaar card, first requirement is, your Aadhaar card must be linked with your respective bank account.
To withdrawal money from your account using Aadhaar card, you must complete all the following steps.
- Visit your nearest AEPS service provider
- Provide Aadhaar card number
- Provide your bank account name and linked mobile number
- Choose your preferred transaction, for ex. cash withdrawal
- Fill cash withdrawal amount
- Fingerprint impression for account authentication
- After verification, your transaction is done, and BC provide you cash amount
- Get transaction receipt to BC (business correspondent)
So by following these steps you can withdrawal money from your account.
You can start your own AEPS business and can make it a handsome source of Income. Learn how : http://ezulixsoftware.over-blog.com/2018/10/best-aeps-service-provider-company-in-india.html