The Reserve Bank of India on Tuesday said banks may accept e-Aadhaar downloaded from Unique Identification Authority of India (UIDAI) web site as an officially valid document under under prevention of money laundering (PML) Rules.

Banks may accept e-Aadhaar subject to conditions. If the prospective customer knows only his/her Aadhaar number, the bank may print the prospective customer’s e-Aadhaar letter in the bank directly from the UIDAI portal; or adopt e-KYC (know-your-customer) procedure.

Further, if the prospective customer carries a copy of the e-Aadhaar downloaded elsewhere, the bank may print the prospective customer’s e-Aadhaar letter in the bank directly from the UIDAI portal; or adopt e-KYC procedure; or confirm identity and address if the resident through simple authentication service of UIDAI.

The RBI said banks may revise their KYC policy in the light of the above instructions and ensure strict adherence to the same.

Physical Aadhaar card/letter issued by UIDAI containing details of name, address and Aadhaar number received through post and e-KYC process would continue to be accepted as an ‘Officially Valid Document’.

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