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Thursday, May 1, 2014

Aadhaar Acceptance Notification - Reserve Bank of India


            To open a bank account, one of the most important documents is the Proof of Identity Document and Proof of Address document.

            There are various types of documents which are accepted by Banks as Identity Proof or Address Proof.            
            Reserve Bank of India, vide Notification No RBl12012-131322 DBOD.AM L.BC. No. 65 I 1 41.0'1.001 12012-13 dt. Dec;ember 10,2012 has further clarified on Aadhaar as a document for both Identity and address proof.

            If the address on the document submitted for identity prospective customer is same as that declared by him/her opening form, the document may be accepted as a valid identity and address.

            Hence, if the address provided by the prospective customer in the account opening form is same as that on Aadhaar letter’ may be accepted as a proof of both identity and address.

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