Start Your Cash Deposit Business

Become an Aadhaar Enabled Payment System (AePS) Agent with Religare Digital and offer seamless and secure cash deposit and cash withdrawal services from your shop. With AePS, you can help customers deposit cash into their bank accounts using biometric authentication facility i.e. either finger imprint or face authentication. AePS is one of the profitable citizen services, especially in areas where bank branches or ATMs are limited.

As Religare AePS agent, you get a chance to own AePS banking point and earn attractive commission. Benefits of joining Religare Digital are: simple setup, minimal investment, and a range of services along with dedicated agent support. With access to 25+ citizen services, Religare Digital offers a great business opportunity.

Bank-3D-Illustration

Services Offered with AePS

At AePS centers, customers can access multiple services

Account-Opening

Cash Deposit

Deposit cash into your bank account with aadhar linked biometric verification.


Cash-Withdrawal

Cash Withdrawal

Withdraw cash from the bank account using finger or face authentication.

Cash-Deposit

Balance Enquiry

Make enquiry for bank account balance from AePS
point

Money-Transfer

Mini Statement

Check bank statement or mini account statement from mini bank shop

Why Become an AePS Cash Deposit Agent with Religare?

Attractive-commission Attractive Commission
services Bundle of Services
User-friendly User-friendly Platform
Business Easy Eligibility and Unlimited Business Potential
Business Nominal Investment
Business Association with NSDL Payments Bank and Religare Digital

How to Get Started as a Religare AePS Agent

Eligibility Criteria

Age 18+

Minimum Age: 18 years

Education

Education: Preferably 10th pass

Office

Shop/Office Space

Aadhaar

Aadhaar & PAN

How to Apply for AePS

Age 18+

Fill & submit your application bia Religare Digital Website /App.

Education

Submit document like Aadhaar, PAN & Bank Account Details

Office

Our team will verify documents and assist you

Aadhaar

Once authorised, start earning from aeps cash deposit services

Benefits and Features of Cash Deposit Services

  • Additional Income, No Hassle:

    Earn attractive commission on every single cash deposit. It's the easiest way to grow your daily earnings without adding any inventory.

  • Continuous Customer Queries:

    Offering AePS banking services increases your shop’s popularity and footfall. A customer coming to deposit cash is likely to buy other products too.

  • One Platform, Multiple Services:

    No need for multiple apps. Our secure system allows you to serve customers with multiple services through a single, easy-to-use platform.

  • Quick Onboarding & Support:

    Start your business in no time with our simplified registration. Plus, our dedicated support team is always there to help you grow.

  • Trust of 30 years:

    As an authorised Religare agent, you are offering trust and credibility of 30 years and bringing essential banking services to the masses.

How does AePS Cash Deposit Work?

Turn your shop into a Mini-Bank and become the most trusted citizen services shop in your neighbourhood. By completing AePS agent registration, you are not just adding a service; you are starting a stable earning system.

AePS Cash Deposit allows customers to deposit cash into their bank account using their Aadhaar number, which is protected by biometric authentication. The process is simple and secure. A customer visits an AePS agent's shop, provides their Aadhaar number and selects their bank name. The agent enters the deposit amount in the system and collects the cash. The customer then verifies the AePS transaction through fingerprint or iris (eye) scan authentication on the biometric device. Once verified, the amount is securely deposited into the customer's bank account in real time, or within a short processing time. This quick and paperless process makes banking accessible even in remote areas without the need to visit a bank branch.

FAQs

With AePS, you can offer basic banking services like cash AePS Cash Withdrawal and AePS deposit via your bank account using Aadhaar authentication. The transaction is completed through a biometric authenticationprocess at your authorised AePS service center.

Customers prefer AePS Cash Deposit because it is fast, convenient and easily accessible. It allows them to deposit money into their bank account without visiting a bank branch or filling any forms, even after banking hours.

Yes, biometric authentication using the customer's fingerprint or eye scan is required to complete an AePS deposit or withdrawal transaction. This ensures the transaction is secure and authorised by the account holder.

Typically, customers only need their Aadhaar number and bank name to initiate the transaction. Facial or Fingerprint authentication is used for verifying identity.

The maximum limit for AePS cash deposit transactions may vary depending on the bank's policies and regulatory guidelines. Agents should follow the transaction limits defined by the platform and partner bank.

The deposited amount reflects instantly in the customer's bank account after successful authentication.

Yes, AePS transactions operate under regulatory frameworks and follow secure authentication processes to ensure safe and transparent transactions.

Yes, AePS enables agents to serve customers from multiple banks through a single platform, making it convenient for both agents and customers.

Yes, offering Aadhaar enabled payment services like Cash Deposit or Cash Withdrawal can attract more customers to your citizen service outlet. This increased footfall often leads to additional sales and higher overall commission for your other businesses like ticketing, money transfer, recharges etc.