Aadhar Micro ATM

Aadhar Micro ATM will perform basic financial process using aadhar and fingerprint without use of ATM card and PIN. Aadhaar is a 12-digit number issued by UIDAI.

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  • Aadhaar micro ATMs are like modified POS (Point of sales) device.
  • It allow customers to perform basic financial transactions using only their Aadhaar number and their fingerprint as identity proof.
  • The payments done by Aadhaar micro ATMs are authorized by banks. authentication is done by UIDAI via biometric database.
  • Aadhaar micro ATMs is ¬†enable card less and PIN-less banking.
  • Bank representatives carry these machines to provide banking services at doorsteps.
  • No service charges for transaction by Aadhaar micro ATMs.
  • The cash-in / cash-out functions of the micro ATMs are done by an operator.
  • It financial transactions like cash deposit, cash withdrawal, funds transfer and balance inquiry for bank account.
  • These are suitable for Indian remote and rural areas where reach of ATMs are rare.

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