Aadhaar Payment Bridge System & Direct Benefit Transfer
Direct Benefit Transfer Program helps transfer subsidies directly to the bank account of the people. Benefits from Govt. Departments can received to the accounts of MGB customers, provided AADHAAR number has been linked to Accounts with our branches. Aadhaar Payments Bridge System (APBS) is used for crediting DBT transactions for Government/ Government agency disbursements.Overview
Objectives of APBS