AEPS Cash Withdrawal

AEPS (Aadhaar Enabled Payment System) is a system that allows individuals to carry out basic banking transactions using their Aadhaar number and biometric authentication. AEPS is widely used for various types of transactions, including cash withdrawals, deposits, and balance inquiries. Cash withdrawal through AEPS is a simple process that can be done at various authorized AEPS-enabled centers such as banking correspondents (BCs) or kiosks.Steps in AEPS Withdrawal are as follows

• Customer Visit an AEPS-enabled center:
• Customer Provide Aadhaar Number:
• Retailer Carries Out Biometric Authentication
• Retailer Selects Transaction Type
• Enters Amount Of Transaction
• Retailers Confirms and Cash Dispensation in Initiated
• Retailers Issues Receipts