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13 December 2017
 |
Aadhaar (The Total
Investment & Insurance Solutions)
The central government has extended the linking of Aadhaar card with bank accounts to March 31, 2018. The earlier deadline was set at December 31, 2017.
According to an official statement, the centre stated that "after considering various representations and inputs received from banks, it has been decided to notify March 31, 2018 or six months from the date of commencement of account based relationship by the client, whichever is later, as the date of submission of the Aadhaar number, and Permanent Account Number or Form 60 by the clients to the reporting entity". The Total Investment & Insurance Solutions
The statement also added that in case an individual fails to submit the Aadhaar number and Permanent Account Number within the aforesaid six months period, the said account shall cease to be operational till the time the Aadhaar number and Permanent Account Number is submitted by the client.The Total Investment & Insurance Solutions
According to an official statement, the centre stated that "after considering various representations and inputs received from banks, it has been decided to notify March 31, 2018 or six months from the date of commencement of account based relationship by the client, whichever is later, as the date of submission of the Aadhaar number, and Permanent Account Number or Form 60 by the clients to the reporting entity". The Total Investment & Insurance Solutions
The statement also added that in case an individual fails to submit the Aadhaar number and Permanent Account Number within the aforesaid six months period, the said account shall cease to be operational till the time the Aadhaar number and Permanent Account Number is submitted by the client.The Total Investment & Insurance Solutions
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