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AEPS – Aadhaar Enabled Payment System - Seamless Banking for Every Citizen. Empowering Every Transaction.

AEPS (Aadhaar Enabled Payment System) is a digital payment system developed by NPCI (National Payments Corporation of India).
It allows people to access basic banking services using only their Aadhaar number and biometric authentication.

Features & Benefits of AEPS

Education Loans come with affordable interest rates, flexible repayment options, tax benefits, and complete coverage of study expenses, ensuring students can focus on learning without financial worries.

  • 1 No need for debit/credit card or bank account details
  • 2 Works only with Aadhaar number and fingerprint/iris authentication
  • 3 Useful in both rural and urban areas
  • 4 Safe and easy to use
  • 5 Interoperable across all banks

Services available through AEPS

  • 1 Cash Withdrawal
  • 2 Balance Enquiry
  • 3 Mini Statement
  • 4 Fund Transfer (Aadhaar to Aadhaar linked account)
  • 5 Aadhaar Pay (Merchant Payment)

Who benefits from AEPS?

✔️ People in rural areas
✔️ Customers without debit/credit cards
✔️ Small merchants and shopkeepers

Overview

EMI

On a specific date, the borrower makes an instalment payment to a lender. The EMI amount remains constant throughout the loan term.

A Foreclosure

Foreclosure means a method of paying off the entire unpaid loan amount before the due date comes around. An Instant loan typically has a lock-in term after which you can opt to foreclose the remaining debt and repay the total loan amount. However, we normally suggest you to foreclose your debt when you have some extra income.

Part Prepayment

Part-prepayment allows you to repay a portion of your loan via multiple EMIs. This is an easy approach to reduce your interest payable. Your part-prepayment amount is taken from your outstanding principal as of the month in which you make the prepayment. If you have extra cash and wish to utilize it to pay off anything, you might choose a part-prepayment option.

Bullet Payout

The borrower is required to pay interest every month. At the end of the term, the entire principal amount will be repaid in one large payment. You can also make part payments on your loan at no additional cost.

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BHARAT DHAN PAY

We offer secure and hassle-free loans and saving services with low interest rates and doorstep service. Our fast, digital process and dedicated support ensure a safe and trusted borrowing experience.

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