CM launches J&K Bank’s mobile banking, AEPS apps

CM launches J&K Bank’s mobile banking, AEPS apps The Mobile Banking App has been specifically designed to cater to the various banking needs of the customers. While as AEPS is an application which enables a customer having Aadhar number seeded with his bank account to conduct financial transactions. Chief Minister Mehbooba Mufti launched J&K Bank’s mobile banking and

Aadhar Enabled Payment System (AEPS) Apps here today at a function organized in connection with Digi Dhan Mela.

The Mobile Banking App has been specifically designed to cater to the various banking needs of the customers. While as AEPS is an application which enables a customer having Aadhar number seeded with his bank account to conduct financial transactions.

The inauguration of the Apps was done in presence of Union Minister of State, PMO, Jatinder Singh; Union Minister of State for Finance, Arun Ram Meghwal; Minister for Finance, Haseeb A Drabu; Minister for IT, Molvi Imran Raza Ansari and Minister for Planning and Finance, Ajay Nanda; Chief Secretary B R Sharma; Principal Secretary IT, R K Goyal; Chairman & CEO J&K Bank, Parvez Ahmed, and Advisor Niti Ayug,, Dr Manoj Singh. 

Representatives from various banking and financial institutions, officers and a large number of people were present on the occasion, a statement issued by the s.

The Mobile Banking App of the bank can be downloaded from App store and installed on the phone. Once App is downloaded, the customer has to register for activating the services by using the J&K bank Debit Card. Under AEPS the four Aadhar enabled types of banking services available are balance enquiry, cash withdrawal, cash deposit and Aadhar to Aadhar fund transfer. The only inputs required for a customer to do a transaction under this App are Aadhar Number and figure print captured during their enrollment.

Earlier in the day, Finance Minister Haseeb Drabu inaugurated the Digi Dhan Mela in presence of IT Minister Imran Raza Ansari, MoS Finance Ajay Nanda, Deputy Commissioner, Jammu, Simrandeep Singh and Chairman & CEO J&K Bank Parvez Ahmed.