Aeps – Cash Withdrawal Limits

Aeps – Cash Withdrawal Limits


AEPS member Banks decided to limit the number of financial transactions (i.e. cash withdrawal, cash deposit, BHIM Aadhaar Pay) per 30 minutes, per customer, to one (1)


Based on the above point, NPCI has created an eFRM rule which shall limit the number of financial transactions. This rule shall be implemented by NPCI in their system by Jan 27, 2022 (Thursday), 15.00 hours onwards

 

Aeps Limit Defined per aadhaar card

Checks

Cash Withdraw

Balance Enquiry

Mini Statement

Allowed Transaction per day

5

5

5

Amount Per Transaction Aadhaar

Rs. 10,000

NA

NA

Per day per Aadhaar

Rs. 50,000

NA

NA

Per month per aadhaar

Rs. 1000000

NA

NA

Allowed transaction per month

30

NA

30

IMG_256

Note :- Bank of India transaction limit is 1 in a month ( Limit defined by bank )