Aadhar will soon be a universal document for opening bank account
By Ankit Sharma
Jul 23, 2014
Print    Email    RSS   

On 17th July,2014 the Reserve Bank issued a notification stating the officially valid documents for opening bank account. RBI has revised the Know your customer guidelines with the government's prevention of money laundering norms.

The list of valid documents includes Aadhar Card, PAN card, voter ID card, driving licence, passport, or the NREGA card. This list is similar to the previous only the change is any other document as may be required by the banking company or financial institution or intermediary is replaced by any document notified by the central government.

It has been reported that soon Aadhar will become a universal document for opening a bank account. It will be easy for the customers now to open the account with Aadhar Card. Most of the unbanked customer may not have the other five valid documents. With the Aadhar Card now the minors can also easily open their account.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Handle your credit card with Care
Cash-Back offer at Corporation Bank this...
Is the economy facing a debt trap?
Petro Cards 101: A detailed guide
Utilise credit card reward points

+919988217867 Are you looking for a powerful spell?...
iam cheching my mobil nember
How can I clear my CIBIL PROBLEM?
what is my credit card statement

91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive