Aadhaar Enabled Payment System (AEPS) is a revolutionary banking service that (AEPS Bank Support List (NPCI Live Member Banks) allows customers to perform basic transactions using only their Aadhaar number and biometric authentication. One of the most important aspects of AEPS is knowing which banks support it. In this in-depth guide, we’ll explore the AEPS Bank Support List (NPCI Live Member Banks) with state-wise details, helping you understand which banks are part of this network and how you can benefit from it.
What is AEPS?
Before diving into the AEPS Bank Support List, let’s briefly understand how AEPS works.
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No Need for Physical Cards: Transactions are authenticated via Aadhaar-linked biometrics (fingerprint/iris scan).
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Basic Banking Services: Includes cash withdrawal, balance inquiry, fund transfers, and mini statements.
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Interoperability: Works across different banks, making banking accessible even in rural areas.
The system is managed by the National Payments Corporation of India (NPCI), ensuring secure and seamless transactions.
Why is the AEPS Bank Support List Important?
Not all banks are part of the NPCI AEPS network. Knowing which banks support AEPS helps:
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Customers verify if their bank allows AEPS transactions.
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Business correspondents (BCs) and banking agents ensure smooth service delivery.
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Merchants and small vendors confirm which banks’ customers can make AEPS payments.
AEPS Bank Support List (NPCI Live Member Banks) – State Wise
Below is a comprehensive list of banks supporting AEPS, categorized by states for easier reference.
Public Sector Banks (PSBs) Supporting AEPS
These government-owned banks are widely accessible across India:
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State Bank of India (SBI)
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Punjab National Bank (PNB)
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Bank of Baroda (BoB)
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Canara Bank
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Union Bank of India
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Bank of India (BoI)
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Indian Bank
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Central Bank of India
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Indian Overseas Bank (IOB)
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UCO Bank
Private Banks Supporting AEPS
Several private banks also participate in AEPS:
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HDFC Bank
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ICICI Bank
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Axis Bank
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Kotak Mahindra Bank
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IndusInd Bank
Regional Rural Banks (RRBs) Supporting AEPS
Many RRBs are part of the AEPS network, enhancing rural banking:
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Andhra Pradesh Grameena Vikas Bank (APGVB)
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Baroda Gujarat Gramin Bank
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Karnataka Gramin Bank
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Punjab Gramin Bank
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Uttar Bihar Gramin Bank
State-Wise AEPS Bank Availability
| State | Major AEPS-Supported Banks |
|---|---|
| Andhra Pradesh | SBI, Andhra Bank, APGVB |
| Bihar | PNB, BoB, Uttar Bihar Gramin Bank |
| Gujarat | BoB, Dena Bank, Baroda Gujarat Gramin Bank |
| Karnataka | Canara Bank, Karnataka Gramin Bank |
| Maharashtra | SBI, Bank of Maharashtra |
| Punjab | PNB, Punjab & Sind Bank, Punjab Gramin Bank |
| Tamil Nadu | Indian Bank, IOB |
| Uttar Pradesh | SBI, PNB, Union Bank |
| West Bengal | UCO Bank, Allahabad Bank |
(Note: This is a general overview. For the latest updates, check the NPCI official website.)
How to Check if Your Bank Supports AEPS?
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Visit the NPCI Website: The most reliable source for the latest AEPS Bank Support List.
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Contact Your Bank: Customer care can confirm AEPS availability.
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Check with Banking Agents: Local BCs (Business Correspondents) often have updated lists.
Benefits of Using AEPS
✅ No Need for Smartphones or Internet – Works on basic micro-ATMs.
✅ Financial Inclusion – Helps rural and unbanked populations access banking.
✅ Secure Transactions – Biometric authentication reduces fraud risks.
Challenges with AEPS
Despite its benefits, AEPS faces some issues:
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Biometric Failures: Poor fingerprint scans can delay transactions.
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Limited Awareness: Many rural users are unaware of AEPS services.
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Bank Network Issues: Some banks experience downtime.
Future of AEPS in India
With India’s push for digital banking, AEPS is expected to grow. The government’s Jan Dhan Yojana and Direct Benefit Transfers (DBT) rely heavily on AEPS for last-mile delivery.
Frequently Asked Questions (FAQs)
1. Can I use AEPS without a bank account?
No, your Aadhaar must be linked to a bank account for AEPS transactions.
2. Is there any transaction limit for AEPS?
Yes, most banks allow ₹10,000 per transaction with daily limits varying by bank.
3. Are private banks part of the AEPS network?
Yes, major private banks like HDFC, ICICI, and Axis support AEPS.
4. What if my fingerprint fails during AEPS?
You can try again or use an iris scan (if supported). If it still fails, visit your bank branch.
5. How do I register for AEPS?
Your Aadhaar must be linked to your bank account. No separate registration is needed.
Conclusion
The AEPS Bank Support List (NPCI Live Member Banks) is crucial for anyone using or providing AEPS services. With state-wise details, this guide helps customers, agents, and merchants identify supported banks easily. As India moves towards a cashless economy, AEPS will continue playing a key role in financial inclusion.
For the latest updates, always refer to the official NPCI website or contact your bank directly.
Disclaimer
This article is for educational purposes only. While we strive for accuracy, banking policies may change. For official confirmation, visit NPCI’s website. If you have any concerns regarding this post, please refer to our DMCA policy for content removal requests.