Nowadays most of the people are doing digital transactions instead of cash. However there are many situations when cash is needed. Although ATM is mostly used for quick cash withdrawal, there is also an easy way to withdraw money. You can withdraw cash very easily through your Aadhar card. AEPS Aadhaar enabled payment system is provided to the users by NCPI i.e. National Payments Corporation of India. The service enables users to perform banking related operations through both card number and biometric authentication. It can perform tasks like cash withdrawal, balance enquiry, fund transfer at micro ATM.
Withdraw cash from Aadhar card like this
To withdraw cash from Aadhar card, the most important thing is that your Aadhar number should be linked to the bank account. If your Aadhaar number and bank account are linked then you have to follow the steps given below.
Step 1: To withdraw money in this manner, you have to visit an AEPS supported banking agent or micro ATM. Mostly this facility is in rural areas, banking outlets or mobile banking services.
Step 2: Visit the micro ATM and enter your 12 digit Aadhaar number.
Step 3: Complete the biometric verification process through the fingerprint scanner. After successful authentication the data has to be matched with the Aadhaar card.
Step 4: After authentication the system will show you several options. Select Cash Withdrawal from this.
Step 5: Now enter the amount you want to withdraw. By doing this, money will be debited from your linked bank account. Make sure the amount you are depositing is within the withdrawal limit.
Step 6: Once the transaction is complete, the banking agent will give you the money. Also, a transaction completion message will be sent to your registered mobile number.
be very careful
1. Provide your Aadhaar number only to authorized banking services.
2. Keep your registered mobile number updated for transaction alerts.
3. Make sure the fingerprint scanner used is secure during the entire process.
Also know that AEPS service is available in most national and regional banks. However, it also depends on the branch and area of the bank.
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