Money & Banking

Aadhaar letter valid document to open all accounts

Our Bureau Mumbai | Updated on September 28, 2011

A letter issued by the Unique Identification Authority of India (UIDAI) containing details of name, address and the Aadhaar number will be considered as an officially valid document for opening bank accounts without the limitations applicable to ‘Small' accounts. Earlier, the RBI had stipulated that the Aadhaar letter would be treated as complete Know Your Customer document for opening only small accounts.

Published on September 28, 2011

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