How to Become an AEPS Agent: Registration, Commission & Earning Guide for CSP Operators

Why Become an AEPS Agent?

India has over 650,000 villages, and a large proportion of beneficiaries of government welfare schemes — MGNREGA wages, PM Kisan, widow pension, PMAY instalments — receive money via direct bank transfer into Aadhaar-seeded Jan Dhan accounts. Many of these beneficiaries cannot easily travel to the nearest bank branch (often 5–20 km away). An AEPS agent brings the bank branch to the village, earning a commission on every transaction.

Who Can Become an AEPS Agent?

• Any individual above 18 years with a valid Aadhaar and PAN card
• Small shop owners, grocery retailers, mobile recharge vendors, post office workers
• CSC (Common Service Centre) VLEs (Village Level Entrepreneurs)
• NGO workers and self-help group leaders in rural areas

Step-by-Step Registration Process

1. Choose an AEPS aggregator or bank BC program — Popular options: SpiceMoney, PayNearby, Fino BC, NSDL BC, Airtel BC, SBI BC, Union Bank BC.
2. Submit KYC documents — Aadhaar card, PAN card, bank passbook, 2 passport photos, shop address proof.
3. Complete online/offline training — Mandatory NPCI-specified training on AML, fraud detection, and transaction handling.
4. Purchase/receive your biometric scanner — Most aggregators provide or subsidise Mantra MFS 110 or Morpho MSO 1300 E3.
5. Install RD Service — Register the fingerprint device with UIDAI's RD portal.
6. Receive merchant ID and app credentials — Log in to the aggregator's AEPS app and perform a test transaction.
7. Set up your CSP counter — Print and display your BC agent certificate and bank's branding at your counter.

AEPS Commission Rates by Aggregator

Choosing the Right Biometric Scanner

Your fingerprint scanner is the single most critical investment. Two UIDAI-approved options dominate the market:

• Mantra MFS 110 — Best for field agents; IP65 waterproof, ruggedised, full Android OTG support. Price: ₹1,800–₹2,500.
• Morpho MSO 1300 E3 — Best for fixed indoor CSP counters; historically more common in government projects. Price: ₹1,500–₹2,000.

Both devices require the corresponding RD Service to be installed and registered before AEPS transactions can be processed.

Fraud Prevention & Best Practices

• Always verify the Aadhaar number and name on the confirmation screen before proceeding.
• Never store customer Aadhaar numbers physically or digitally.
• Issue a printed receipt for every AEPS transaction.
• Report failed transactions immediately to the aggregator's helpline.
• Keep RD Service updated — expired certificates cause transaction failures.