Aadhar is must for opening of bank accounts. Know Why ?

Must Read

Howdy, Modi! : World media reactions on Modi-Trump’ grand Houston Event address

New Delhi, Sep 23: United States President Donald Trump and Indian Prime Minister Narendra Modi on late Sunday shared...

Howdy Modi : Modi-Trump mark history in US-India relationship with great show at Houston

Houston, Sep 22:  Modi, delivering his speech at the historic event, talks about the development underwent over five years...

ECI announces dates of Maharashtra & Haryana elections; Single Phase Election on October 21; Result on 24th

Election Commission of India has announced the dates of much-awaited state elections. According to the Chief Election Commissioner, Sunil...

The Unique Identification Authority of India (UIDAI) that issues Aadhaar cards said that the 12-digit biometric identifier would be needed for opening new bank accounts or applying for Tatkal passports.

 The clarification follows Tuesday’s Supreme Court order that indefinitely extended the March 31 deadline for linking Aadhaar with various government services, existing bank accounts, PANs for filing tax returns and even mobile phone connections. The court’s order will be applicable it rules on petitions questioning Aadhaar’s validity.

The deadline extension brings relief to people getting messages from service providers, including banks and mobile phone companies, reminding them of the linking they have to do.

As per the Supreme Court’s order dated 13th March 2018, the requirement of Aadhaar for opening new bank accounts and applying for Tatkal passports under the relevant laws continues,” UIDAI said. It added that “for those who do not have Aadhaar, are required to apply for it and provide the application number while applying for availing aforesaid services.”

Why is it Important to have Aadhar ?

Aadhaar program was launched with a main objective to provide universal identity to every Indian resident. People can now get the card with much ease as its acceptance as a mandatory document for various initiatives has been officially made. In addition to this it will help in reducing the corruption since every individual carries only one unique number.

Considering the increasing acceptance of Aadhaar card it is must for everyone to get it issued. It is believed that the card will further be given more importance as more and more government schemes are being launched requiring it as a mandatory document.

Aadhaar letter provided by UIDAI is now acceptable by banks as a valid proof to open bank account. In fact, it can serve both as an address and identity proof, hence avoiding the need to produce bunch of documents to the banks for opening an account.

- Advertisement -

Latest News

Burj Khalifa lights up in ‘Friends’ theme

Dubai, Sep 23 (IANS) As popular American sitcom "Friends" turned 25 a day ago, fans all across the globe...

Thomas Cook collapse ‘big, big blow’ to Goa tourism

Panaji, Sep 23 (IANS) The collapse of Thomas Cook, one of the oldest tourist travel companies in the world, will be a "big, big...

Cricket fraternity condoles demise of Madhav Apte

New Delhi, Sep 23 (IANS) The cricket fraternity paid rich tributes to former Indian Test opener Madhav Apte who passed away on Monday at...

Bruna shares giving water birth to daughter

Mumbai, Sep 23 (IANS) Model-actress Bruna Abdullah has shared her giving birth story on social media and also shared a photograph of her...

Boris Johnson, Donald Trump to discuss UK-US trade deal on sidelines 74th UNGA in New York

London, Sep 23: British Prime Minister Boris Johnson and United States President Donald Trump have on Sunday agreed to ink a bilateral trade arrangement by...
- Advertisement -

More Articles Like This