Customers of all banks have been allowed to withdraw cash at post offices or at their doorstep through Gramin Dak Sevaks by using the Aadhaar-Enabled Payment System (AEPS).
The ongoing Covid pandemic and lockdown restrictions have made it difficult to step out even for withdrawal of money. In these tough times, Post office has come to assist the people. India Post has been distributing money at people’s doorstep. Post office is doing this through the Aadhaar Enabled Payment System (AePS) transactions. You avail the benefits and stay safe at your home.
In this pandemic time, through Indian post people are easily getting their money with Aadhaar Enabled Payment System (AePS) transactions.
Aadhaar Enabled Payment System (AePS)
Aadhaar Enabled Payment System (AEPS) is a type of payment system that is based on the Unique Identification Number and allows Aadhaar card holders to seamlessly make financial transactions through Aadhaar-based authentication. The AEPS system aims to empower all sections of the society by making financial and banking services available to all through Aadhaar. AEPS is nothing but an Aadhaar-enabled payment system through which you can transfer funds, make payments, deposit cash, make withdrawals, make enquiry about bank balance, etc.
What Are the Services?
As part of the AEPS, services available are Balance Enquiry, Aadhaar to Aadhaar Fund Transfer, Cash Withdrawal, and Mini Statement.
Simple procedure to avail of doorstep services-
If you wish to avail of the IPPB’s ( doorstep services, you can contact at 155299 and book an appointment. On confirmation, you will receive an SMS. You will require to confirm your visit details to IPPB’s representative. In order to enjoy the doorstep services, you will need to provide your account number, mobile number, or show your QR card to the doorstep representative.
IPPB’s (India Post Payments Bank) doorstep banking also provides third-party services such as insurance, loans, investments and payments facility of DoP products.