Tuesday, November 1, 2011

Aadhaar a Valid Proof for Opening Bank Account

Identification of the sole authority, said today that the I-cards issued by it - known as aadh - are a proof of residence in force for opening a bank account. 

Commenting on reports that the media is not a test aadh valid residence, Unique Identification Authority for the Development of India (UIDAI) Chairman Nandan Nilekani said, "That's not true. It is a report is misleading. aadh valid "Know Your Customer" (KYC) documents to open a bank account. " 

"Aadh letter has two parts -. Identity and address if the address that a person shows the bank is the same address on the letter (aadh), then it is a proof of residence." 

A portion of the media had reported that according to the Reserve Bank of India (RBI) notification issued Wednesday, not a test aadh valid residence. However, the central bank reported accepted its validity as a person's identity. 

Nilekani said: "In a few days, which will be from online authentication and identity management. If the address matches online authentication, then considered current address (the person applying for a bank account or a service). " 

Clear air of the question, said: "The government is a set of institutions and they all make their own decisions from now, said the banking system as a valid norm aadh KYC for all bank accounts in accordance with the RBI notification. issued yesterday .. " 



Source : outlookindia

He said the Department of Telecommunications and the Ministry of Petroleum and Natural Gas as CSC also has aadh valid SIM card issuance and cooking gas connections. 

In addition, some states like Tripura and Sikkim, which aadh accepted as valid ID card and proof of residency. 

"After consultations with the Government, has now decided to accept the letter issued by the UIDAI as valid official document to open bank accounts without the limitations applicable to" small "accounts," the producer said in a communication to the banks Wednesday. 

However, RBI has also said: "While the opening of accounts on the basis of aadh Also, banks should ensure the client's current address by obtaining necessary evidence thereof in accordance with existing instructions." 

Meanwhile, a banker said aadh is a valid proof of residence sufficient knowledge of the customer and is good to open a bank account. 

"Directive RBI is just to check if the address of a person that is updated or not UIDAI to open a new account," said UIDAI Regional Office Deputy Director-General Anand Arora Keshni PTI in Chandigarh during a performance. 

"It (the policy by the RBI) is to ensure that the person has updated their address aadh card or not," said Arora. 

So far, the authority has issued 3.7 million cards aadh rupees people around the country and enrolled about 10 million rupees for the issuance of those "national identity card." 

The authority has the mandate of issuing cards to 20 people aadh crore next year