HOW TO OPEN BANK ACCOUNT USING AADHAAR CARD?
Everyone needs to open a bank account in some point of their lives. Previously the procedure used to be a bit longer but now opening a bank account opening is very easy by simply using an aadhaar card. As per the new guidelines given by the RBI, the Government has decided to take the letter granted by the UIDAI as defined above as a legitimately valid document for opening bank accounts.
RBI briefed that aadhaar card is consider as a complete KYC document valid for opening of an account. As we know the government of India at present has allowed the aadhaar as a valid document for getting a new mobile connection. All you need to do is to submit photocopy which must be duly attested.
You can now give aadhaar card as a valid document for opening the account in state bank of India or Canara bank or Axis bank or any state bank group, Andhra bank, ICICI bank, HDFC bank and the other nationalised bank. While opening the bank account you may have to fill the KYC form, for this purpose we need the address proof and identity form.
You can also download the issued letter by the RBI : Click Here to Know the Rules How to open bank account using aadhaar
PROCESS TO LINK BANK OF BARODA ACCOUNT WITH AADHAAR CARD
Bank of Baroda has started the service to link one’s bank of Baroda account to aadhaar card in month of Feb when RBI given the guidelines to the all nationalized banks in the country. It is really important for one to know why linking aadhaar is so much essential.
The reason behind this is to get subsidiary amount, one’s pension amount, his scholarships and insurance, or to get loans.
As we know aadhaar is one’s identity proof as well his address proof with biometric scan so it is considered valid at many organizations or institutes or government offices. There are chances that one may have lost his/her aadhaar or they might not have got it yet. Then in that case one’s eaadhaar card’s Xerox will also work.
Documents required for the process:
1) Your Original copy and photocopy of aadhaar
2) Your bank of Baroda passbook and its Xerox.
Submit the documents to in your branch required the documents are duly attested. In case one hasn’t filled KYC form, then he should fill this form in order to get updated with aadhaar bank account. It would take 7 days for this procedure. After completion of this process one should link their bank account with LPG companies as well.