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How to link Aadhaar with India Post Bank Account

Government of India (GoI) have mandated Aadhaar card for number of services to maintain transparency in the system. Recently government has requested everyone to link their Aadhaar cards with their bank accounts as well. This step has been taken to ensure that the deserving people can get their subsidies and benefits provided by the government directly into their bank accounts.

Regarding the matter one of the RBI official also stated that

The Reserve Bank clarifies that, in applicable cases, linkage of Aadhaar number to bank account is mandatory under the Prevention of Money -laundering (Maintenance of Records) Second Amendment Rules, 2017 published in the Official Gazette on June 1, 2017. These Rules have statutory force and, as such, banks have to implement them without awaiting further instructions.

Government have also fixed a deadline for the linkage i.e. December 31st, 2017. Not adhering to this deadline, your account can be making unoperational temporarily, till the time you link your Aadhaar with your bank account.

To know more about Aadhaar and Bank Account linkage click here.

In this article, we have discussed ways to link your Aadhaar with India Post Savings Bank Account. Keep reading to know more about the linkage.

How to Link Aadhaar card with India Post Bank account through India Post Branch

If you are not well – versed with internet, you can also finish the linking procedure in person:

  1. Visit your nearest India Post Bank branch along with your Aadhaar card copy and bank passbook.
  2. Ask for the Aadhaar linking form from the branch official and fill in the form by entering correct details and submit it to the branch official.
  3. Once submitted, you will be provided with an acknowledgement form confirming your request to link Aadhaar card with India Post bank account.
  4. Once bank has processed your application, you will receive a notification via your registered mobile number through SMS

How to Link Aadhaar card with India Post Bank account through India Post ATM

India Post Bank offers the facility to link Aadhaar card through ATM as well. Read below to know the procedure:

  1. Visit your nearest India Post bank ATM branch and swipe your ATM / Debit card and enter your 4 digit ATM / Debit number in order to authenticate.
  2. Go to the “Other Services” and select “Aadhaar Seeding“.
  3. Now you will be required to enter your 12 digit Aadhaar number.
  4. Accept terms and click on submit.
  5. And receive an acknowledgement Slip seeding request will be printed.

How to Link Aadhaar card with India Post Bank account through India Post Internet Banking

In order to avail this facility you will require having internet banking. If you have that, read below to know the process of linking Aadhaar card with India Post Bank account:

  1. You are require to login to your Internet banking using his / her user ID and password.
  2. On the home page, look for “Registration of Aadhaar Number in Internet Banking” and click on it.
  3. Now provide your 12 digit Aadhaar number in the respective field and select your savings account for which Aadhaar number is to be linked.
  4. To know further, click on “Inquiry“.

Centre now makes Aadhaar mandatory for Post Office Deposits, PPF and KVP

Government have made biometric identification mandatory even for the post office deposits, PPF (Public Provident Fund), the National Savings Certificate scheme and Kisan Vikas Patra (KVP).

Ministry of Finance have issued a separate notification stating that Aadhaar is mandatory for opening all post office deposit accounts, Public Provident Fund and Kisan Vikas Patra (KVP).

Provided that where Aadhaar number has not been assigned, the depositors shall submit proof of application of enrollment for Aadhaar
the notification issued by Ministry of Finance on 29th September.

Also, the prevailing depositors still have time till December 31st 2017 to provide their biometric numbers.

However, the existing depositors who have not provided Aadhaar number at the time of application for such deposit

shall submit his Aadhaar number to the post office savings bank or deposit office concerned, on or before December 31st, 2017

Recently Government have mandated this 12 digit identification number to be linked with several other important Government documents PAN cards, bank accounts etc in order to get the benefits social security schemes provided by the Government.

Keeping the chaos and panic in mind, Government have extended the deadline for the linkages to December 31st. Also, those who didn’t have an Aadhaar card were asked to procure it by September 30th.

Also read https://rupeenomics.com/aadhaar-linking-5-important-dates-to-keep-in-mind/ to know more about the important deadlines of Aadhaar card.

As a result of the review of welfare schemes covered and to provide the benefits of such schemes to all eligible beneficiaries of the scheme, it has been decided to further extend the stipulated date in all such notifications up to December 31, 2017

an order dated September 26 said.

According to sources,

The extension would also apply for Employees’ Pension Scheme of 1995, scholarships, housing subsidy benefit, stipend to SC/ST trainees for coaching guidance and vocational training, stipend to handicapped and Aam Aadmi Bima Yojana

Also, this linkage is applicable for skill development schemes, national apprenticeship, crop insurance schemes, interest subvention schemes, scholarship and fellowship schemes, various education programmes such as mid – day meal for children and Atal Pension Yojana.

The notice also says

It is hereby clarified that this extension shall only apply to those beneficiaries who are not assigned Aadhaar number or those who have not yet enrolled for Aadhaar. Such beneficiaries are required to enrol for Aadhaar by December 31, 2017 and provide their Aadhaar number or enrollment ID

Recently, government has decided to cut down interest rates on small savings scheme which also includes PPF (Public Provident Fund), NSC (National Savings Certificate) and KVP (Kisan Vikas Patra) by 0.2 percentage points for the January – March quarter. This move has been taken to prompt the banks to lower the deposit rates.

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