Want to make ₹1000 daily with minimal effort? AEPS (Aadhaar Enabled Payment System) could be your golden ticket. This government-backed payment system allows you to earn money by facilitating cash withdrawals, deposits, and other banking services. In this guide, we’ll break down the simplest methods to earn ₹1000 per day from AEPS, even if you’re a beginner.
What is AEPS and How Can You Earn from It?
AEPS (Aadhaar Enabled Payment System) is a secure, biometric-based payment solution that enables banking transactions using just an Aadhaar number and fingerprint authentication. It eliminates the need for debit cards, PINs, or signatures, making financial services accessible even in rural areas.
How Does AEPS Help You Earn Money?
You can become an AEPS service provider (agent) and earn commissions on every transaction. Here’s how:
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Cash Withdrawal: Earn ₹5-₹25 per withdrawal.
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Cash Deposit: Get a small fee per deposit.
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Balance Inquiry: Charge a nominal amount (₹1-₹5).
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Mini Statements: Another way to earn small commissions.
By processing just 40-50 transactions a day, you can easily earn ₹1000 daily from AEPS.
Step-by-Step Guide to Earn ₹1000 per Day from AEPS
1. Register as an AEPS Agent
To start, you need to partner with a bank or fintech company that offers AEPS services. Some popular options include:
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PayNearby
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Bank Mitra
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AEPS Pay
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Eko India Financial Services
Steps to Register:
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Visit the official website of an AEPS provider.
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Submit your Aadhaar, PAN, and bank details.
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Complete KYC verification.
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Get your AEPS agent ID and start transactions.
2. Set Up Your AEPS Business
You’ll need:
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A smartphone or micro-ATM device (some providers offer low-cost devices).
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Biometric scanner (for fingerprint authentication).
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Internet connection (for real-time transactions).
3. Promote Your AEPS Services
To earn ₹1000 per day from AEPS, you need customers. Here’s how to attract them:
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Offer services in local shops, markets, or villages where banking access is limited.
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Charge competitive fees (e.g., ₹10 per withdrawal instead of ₹25).
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Use social media & word-of-mouth to spread awareness.
4. Maximize Transactions for Higher Earnings
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Focus on high-traffic areas (bus stands, weekly markets).
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Partner with small businesses (kirana stores, mobile recharge shops).
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Provide additional services (bill payments, mobile recharges) to increase revenue.
Real-Life Example: How Rajesh Earns ₹1200 Daily from AEPS
Rajesh, a small shop owner in Uttar Pradesh, added AEPS services to his store. With just 50 transactions a day (mostly cash withdrawals and deposits), he makes:
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₹15 per withdrawal × 30 transactions = ₹450
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₹10 per deposit × 20 transactions = ₹200
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₹5 balance inquiry × 10 transactions = ₹50
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Additional services (DTH recharge, bill payments) = ₹500
Total Earnings: ₹1200/day
Common Challenges & How to Overcome Them
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Low Customer Trust? – Display your AEPS provider’s branding.
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Technical Issues? – Ensure a stable internet connection and backup device.
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Low Transactions? – Offer discounts for first-time users.
Frequently Asked Questions (FAQs)
1. Is AEPS safe to use?
Yes! AEPS uses Aadhaar-based biometric authentication, making it highly secure.
2. Do I need a shop to start AEPS services?
No! You can operate from home or as a mobile agent.
3. How much investment is needed?
Initial costs range from ₹5,000-₹10,000 (for a biometric device and registration).
4. Can I earn more than ₹1000 per day?
Absolutely! With more transactions and added services, earnings can go up to ₹2000-₹5000 daily.
Conclusion
Earning ₹1000 per day from AEPS is achievable with the right strategy. By becoming an AEPS agent, promoting your services, and maximizing transactions, you can build a steady income stream. Start small, scale smart, and watch your earnings grow!
Disclaimer
This post is for educational purposes only. The earnings mentioned are estimates and may vary based on effort and location. If you have any concerns regarding this content, please refer to our DMCA page for removal requests. Always verify details with official sources before starting any financial service.