New deadline is March 31-Aadhaar linking with bank accounts


The Finance Ministry has issued a press note to clear the confusion that arose once the most recent government notification. The ministry says that the point to link Aadhaar with bank accounts has been affected to March 31, 2018. At an equivalent time, the govt has same that to open a brand new account Aadhaar variety isn’t any longer obligatory. However, once the account opens, the account holder can have to be compelled to provide the Aadhaar variety at intervals six months. there’s no modification in point to link Aadhaar variety with transportable. This point remains Feb 4, 2018.

Finance Ministry said: 

After considering various representations received and inputs received from Banks, it has been decided to notify 31st March, 2018 or six months from the date of commencement of account based relationship by the client, whichever is later, as the date of submission of the Aadhaar number, and Permanent Account Number or Form 60 by the clients to the reporting entity. Necessary notification in this regard has been issued.

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