If you need money and can’t leave your home, you might consider asking your neighbor for cash or using UPI for payment.
But what if UPI isn’t working and your neighbor doesn’t have cash?
To solve this problem, let’s talk about a special program from the post office today. It’s called Aadhaar ATM.
With this, you don’t have to go to the bank or ATM to get cash. You can get cash right from your home.
In need of urgent cash but don’t have time to visit the bank? Worry not! With @IPPBOnline Aadhaar ATM (AePS) service, withdraw cash from the comfort of your home. Your Postman now helps you to withdraw cash at your doorstep. Avail Now!
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— India Post Payments Bank (@IPPBOnline) April 8, 2024
What is Aadhaar ATM?
An Aadhaar ATM is like a regular ATM but with the added convenience of allowing you to withdraw cash from home. It’s part of the Aadhaar Enabled Payment Service (AePS).
To use this service, you need to link your bank account with your Aadhaar Card.
Once the bank verifies your biometric KYC, you can start using the Aadhaar ATM.
With Aadhaar ATM, you can withdraw cash, check your balance, get a mini statement, and transfer funds between Aadhaar-linked accounts.
If you have multiple bank accounts linked to one Aadhaar card, you need to choose the bank account you want to use for these services.
You can take out up to Rs 10,000 in cash from the Aadhaar ATM.
How to use Aadhar ATM?
You don’t need to pay any fee for withdrawing cash from India Post Payment Bank, but there is a charge for doorstep service.
To use the Aadhaar ATM service, you need to…
1. You need to visit India Post Payment Bank’s website. Choose the doorstep service option.
2. Then, fill in your name, mobile number, email ID, address, and pin code.
3. Next, click on “I Agree” and submit.
4. After some time, a postman will come to your house to give you the cash.
