Aadhaar

Small Banks are Planning to Charge Customers for Aadhaar Authentication

UIDAI Authentication Charges for Banks – Recent Media Reports stating that the smaller bank may charge customers for Aadhaar Authentication Services on pretext of  “exorbitant” charges prescribed by the Unique Identification Authority of India (UIDAI) on banks for Aadhaar authentication services.  Banks have to pay a fee of Rs. 20 lakh with a validity of two years […]

Aadhaar Banking News

Aadhaar is Not Mandatory For Linking Bank Accounts

Aadhaar not mandatory for opening bank accounts or linking with mobile SIM registration or other related services which includes issuance of tatkal passport services. However, apex court has kept the Aadhaar mandatory for Social Security Schemes and DBT. The apex court ruled that the deadlines for linking to the Unique Identification number stand extended till […]