Reserve
Bank of India (RBI) has notified that the Aadhaar Card is a valid proof for
opening of a bank account under the Know Your Customer (KYC) scheme.
RBI
vide its circular dated 28.09.2011 has advised banks to accept the Aadhaar
letter issued by Unique Identification Authority of India (UIDAI) as an
officially valid document for opening bank accounts without any limitations
applicable to small accounts. Further, the RBI has also advised the banks vide
its circular dated 10.12.2012 that if the address provided by the account
holder is the same as that on Aadhaar letter, it may be accepted as a proof of
both identity and address.
This
was stated by Shri Namo Narain Meena, MoS in the Ministry of Finance in written
reply to a question in the Lok Sabha.
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