What Is Aeps Debit Facility In Indian Bank

The Indian banking system has evolved significantly with the integration of digital services aimed at enhancing accessibility, especially for the rural population. One such revolutionary service is the AEPS (Aadhaar Enabled Payment System). Indian Bank, being one of the top public sector banks, has adopted this system to empower customers with secure and cardless banking. This blog will give you an in-depth and easy-to-understand explanation of what the AEPS Debit Facility is and how it works in Indian Bank. 

What is AEPS?

AEPS (Aadhaar Enabled Payment System) is a digital payment service developed by the National Payments Corporation of India (NPCI). It allows you to access your bank account and perform banking transactions like cash withdrawal, balance enquiry, and mini statements using only your Aadhaar number and biometric verification (usually fingerprint). 

This service doesn’t require a physical debit card, cheque, or signature. Instead, it relies solely on your Aadhaar number linked to your bank account. 

What is AEPS Debit Facility in Indian Bank?

The AEPS Debit Facility in Indian Bank enables customers to withdraw cash directly from their Indian Bank account by simply authenticating their identity through an Aadhaar-based biometric system. This facility is especially useful in areas with no access to bank branches or ATMs. 

Here’s how the process works: 

Step-by-Step Process: 

1. Visit a CSP (Customer Service Point), Business Correspondent (BC), or Micro ATM. 
2. Provide your Aadhaar number and select Indian Bank as your bank. 
3. Authenticate using fingerprint or iris scan. 
4. Choose “Cash Withdrawal” (AEPS Debit Transaction). 
5. Enter the amount to be withdrawn. 
6. Once validated, the amount is debited from your Indian Bank account, and you receive cash instantly. 

There is no need for a debit card or PIN – just your Aadhaar and biometric. 

Key Features of Indian Bank AEPS Debit Facility 

Banking Services Available via AEPS in Indian Bank 

You can perform the following services using AEPS at Indian Bank-enabled touchpoints: 

1. Cash Withdrawal 

2. Balance Enquiry 

3. Mini Statement (if supported by the device) 

4. Aadhaar-to-Aadhaar Fund Transfer (within linked accounts) 

You can access all these services without the need to visit a bank branch or use a mobile app.  

Who Can Use AEPS in Indian Bank? 

To access AEPS services in Indian Bank, you must: 

• Have a bank account with Indian Bank. 

• Link your Aadhaar number with your bank account. 

• Complete biometric authentication (KYC). 

• Visit an authorized AEPS point, such as a BC agent, CSP, or micro ATM. 

Even individuals without smartphones, internet access, or literacy skills can perform these services easily. 

AEPS Daily Limit and Charges in Indian Bank 

Parameter	Details
Daily Withdrawal Limit	₹10,000 to ₹50,000 (depends on CSP/micro ATM provider)
Minimum Withdrawal	Usually ₹100, but it varies by CSP
Number of Transactions	Limited to a certain number per day (varies)
Charges	Usually free for basic services; nominal fee may apply in some cases

Note: Charges and limits may change based on the service provider, device type, or location. 

Benefits of Using AEPS Debit Facility in Indian Bank 

The AEPS service is packed with features that make it ideal for India’s rural and semi-urban population. Let’s look at some major benefits: 

1. Secure Transactions 

• AEPS is more secure than ATM cards since it requires biometric verification. 

• Reduces chances of fraud or unauthorized access. 

2. Banking at Your Doorstep 

• You can avail services at nearby shops, micro ATMs, or BC points, avoiding long branch queues. 

• Ideal for people in villages or elderly customers. 

3. No Card, No Problem 

• Many people don’t have or use debit cards—AEPS solves this with Aadhaar + fingerprint access. 

4. No Need for Internet or Smartphones 

• Completely offline process – no app, OTP, or mobile phone needed. 

5. Financial Inclusion 

• Encourages unbanked and underbanked individuals to use formal banking services. 

How to Link Aadhaar with Your Indian Bank Account? 

To use AEPS, your Aadhaar must be linked to your Indian Bank account. Here’s how to do it: 

1. Visit your nearest Indian Bank branch. 

2. Fill the Aadhaar seeding form. 

3. Submit photocopies of your Aadhaar card and passbook. 

4. You will get an SMS confirmation once the linking is done. 

You can also check Aadhaar linking status through the UIDAI website or Indian Bank mobile app. 

Where Can You Access AEPS Services? 

Indian Bank AEPS services are available through: 

• Indian Bank Business Correspondents 

• Micro ATMs in shops and CSCs (Common Service Centres) 

• Retail agents enabled with AEPS devices 

• Indian Bank's own financial inclusion kiosks 

These are available even in remote locations, often operating beyond regular banking hours. 

Final Thoughts 

The AEPS Debit Facility in Indian Bank is a smart and inclusive step toward making banking services available to all—especially those who lack access to traditional infrastructure. Whether you live in a small village or an urban area, AEPS brings banking to your fingertips without needing cards, apps, or internet access. 

By using your Aadhaar number and fingerprint, you can securely access your Indian Bank account, withdraw money, check balances, and stay financially connected—all without ever visiting a bank branch.

 

Disclaimer: This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.