Thursday, 7 November 2019

MODIFICATION IN TRANSACTION LIMIT FOR FI and Non FI CUSTOMERS

BUSINESS CORRESPONDENT (BC) CHANNELAEPS OFF-US (Issuer) WITHDRAWAL TRANSACTIONMODIFICATION IN TRANSACTION LIMIT FOR FI and Non FI CUSTOMERS



1. Presently in BC channel, there are no restrictions for AEPS OFF-US (Issuer) withdrawal
transactions either per day or per month.

 2. Revised Instructions: Now it has been decided to restrict AEPS OFF-US issuer
transactions as under:

 a) The maximum number of AEPS OFF-US issuer withdrawal transactions per day
per customer at BC channel is restricted to ONE for both FI and NON FI
customers.
b) The maximum number of AEPS issuer withdrawal transactions for FI customers
at BC is restricted to FOUR per month.
c) The maximum number of AEPS issuer withdrawal transactions for non-FI
customers is restricted to FIVE per month.

 3. Please bring the contents of this circular to the knowledge of all concerned for
meticulous compliance.
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