AePS Mini Statement

AePS Mini Statement

AEPS (Aadhaar Enabled Payment System) has revolutionized the way people carry out their banking transactions in India. This system is especially useful for people who don’t have access to banks and ATMs, or for those who live in remote areas. AEPS enables banking transactions through Aadhaar authentication, and one of its features is the mini statement.

A mini statement is a brief record of a bank account’s recent transactions. This statement includes the account holder’s name, account number, transaction date, transaction amount, and the remaining balance in the account. The mini statement can be printed or viewed on a mobile phone or computer.

Get Mini Statement using AePS

To obtain a mini statement using AEPS, you must have an Aadhaar number linked to your bank account. Here are the steps to follow:

Step 1: Visit a banking correspondent or a micro ATM that offers AEPS services.

Step 2: Provide your Aadhaar number to the banking correspondent.

Step 3: Select the “Mini Statement” option from the menu displayed on the screen.

Step 4: Confirm the transaction by providing your Aadhaar number again and scanning your fingerprint.

After following these steps, you will receive a printed copy of your mini statement or a digital copy on your phone or computer.

Benefit of AePS Mini Statement

The mini statement is useful for keeping track of your bank account transactions and ensuring that there are no unauthorized transactions. With AEPS, you can obtain a mini statement quickly and conveniently, without the need for an ATM or internet banking.

Another benefit of using AEPS is that it is a secure way of carrying out banking transactions. Transactions are authenticated using biometric data, such as fingerprints or iris scans, and therefore, the risk of fraud or identity theft is reduced.

Conclusion

AEPS mini statements are a useful feature for individuals who need to keep track of their bank account transactions but don’t have access to traditional banking services. AEPS offers a secure and convenient way to carry out banking transactions, including obtaining mini statements. If you haven’t yet linked your Aadhaar number to your bank account, it is recommended that you do so to take advantage of the benefits that AEPS has to offer.

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