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Aadhar based Account
JSCB offers a unique Aadhar enablement of its customer account
It is envisaged that disbursement Electronic Benefit Transfer (EBT) payments and Direct Transfer of Subsidy (DTS) payments will be transferred into Aadhaar-enabled accounts, which allows online interoperable financial inclusion transaction at PoS (MicroATM) through the Business correspondent of bank using the Aadhaar authentication.
The only inputs required for a customer to do a transaction under this scenario are:-
1. Bank Name
2. Aadhaar Number
3. Fingerprint captured during enrollment.
BENEFITS
To facilitate disbursements of Government entitlements like MNREGA, Social Security pension, Handicapped Old Age Pension, Direct credit of subsidies from government that includes LPG, kerosene, sugar etc. Direct credit of welfare funds, scholarship etc. of any Central or State Government bodies, using Aadhaar and authentication thereof as supported by UIDAI.
Banking Services Offered by AePS
• Cash Deposit
• Cash Withdrawal
• Balance Enquiry
• Mini Statement
• Authentication
• Aadhaar Seeding Status