A unique payment system that uses your Aadhaar number as a vital component for electronically channelizing all your Government subsidies and benefits to your Aadhaar - linked Bank Account. The APB System links all the Government Departments and their sponsor banks on one side and beneficiary banks and beneficiaries on the other hand. Besides transferring your benefits and subsidies under DBT schemes, ABPS also serves the goal of Financial Inclusion and provides an opportunity to the Government to attempt financial re-engineering of its subsidy management program.

Cosmos Bank is already onboard with NACH’s Aadhaar Payment Bridge (APB) System to enable the Direct benefit transfer of any kind of subsidy announced by the Government to you.

• The old system's excessive delays, many channels, and paperwork are eliminated.
• Benefits and subsidies are sent in a simple and timely way, straight into the Aadhaar Enabled Bank Account.
• In the event of a bank account change, the client is not obligated to notify the Government Department or Agency of the bank account details or change in bank data.
• Customer not required to open multiple banks accounts for receiving benefits and subsidies of various social welfare schemes – Customers just need to open one account and seed his/her Aadhaar number in the bank account to start receiving benefits and subsidies directly into his/her Aadhaar Enabled Bank Account.