All Bank Accounts to be verified by Aadhaar by 31st December 2017 – Gazette of India

All Bank Accounts to be verified by Aadhaar by 31st December 2017 – Gazette of India

All Bank Accounts to be verified by Aadhaar by 31st December 2017 – Gazette of India
bank accounts tobe verified by aadhaar

The Gazette of India ** Extraordinary, Part III – Section 4 ** Published by
Authority ** No. 284, New Delhi, Friday, July 14, 2017/ Asadha 23, 1939 **
Unique Identification Authority of India ** No. 13012/79/2017/Legal-UIDAI (No. 4 of 2017) – Central
Govt. notifies All Existing Banks Accounts to be verified by Aadhaar by 31 st December 2017, failing which the accounts will become
inoperative

UNIQUE IDENTIFICATION AUTHORITY OF INDIA
NOTIFICATION
New Delhi, the 14th July, 2017 
No. 13012/79/2017/Legal-UIDAI (No. 4 of 2017)
– In exercise of Regulation 12A of the Aadhaar (Enrolment and Update)
(Second Amendment) Regulations, 2017 (No. 2 of 2017) and the Aadhaar
(Enrolment and Update) (Third Amendment) (No. 3 of 2017), the Unique
Identification Authority of India (UIDAI) hereby issues the following
notification, namely:-
1. Whereas the provisions of the Aadhaar (Targeted Delivery of Financial
and Other Subsidies, Benefits and Services) Act, 2016 (“Aadhaar Act”), and
Regulations frfamed thereunder the Aadhaar Act have come into effect from
14th September, 2016 and notifications to this effect have been
published in the Official Gazette, 
2. And Whereas the Prevention of Money Laundering (Maintenance of Records)
Rules, 2005 (“PML Rules 2005”) have been amended with effect from June 1,
2017 to require Aadhaar for every bank account. All existing Bank accounts
have to be verified with Aadhaar by the banks by 31St December, 2017,
failing which the accounts will become inoperative,
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3. And Whereas Regulation 12A of the Aadhaar (Enrolment and Update) (Second
Amendment) Regulations, 2017 (No. 2 of 2017) and the Aadhaar (Enrolment and
Update) (Third Amendment) (No. 3 of 2017) provides that:
“12A. Entities requiring Aadhaar as condition for fulfillment of any
obligation, etc.-
The Authority may require any Central or State department or agency or any
Scheduled
Bank or any other entity which requires an individual to undergo
authentication or furnish proof of possession of Aadhaar number as a
condition for receipt of any subsidy, benefit, service or fulfillment of
any obligation pursuant to any Act or Rule or Regulation or order made
thereunder, to ensure enrolment of such individual who is yet to be
enrolled or update their Aadhaar details, by setting up enrolment centres
at their premises.”,
4. And Whereas there are more than 100 Crore bank accounts which will be
required to be verified before the aforesaid date and every new customer
will also be required to be verified with Aadhaar,
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5. And Whereas Scheduled Commercial Banks have major share of bank account
holders who will need to authenticate their bank accounts with their
Aadhaar numbers,
6. Therefore, it is necessary to provide Aadhaar enrolment and update
facilities in Scheduled
Commercial Banks so that no undue hardship is caused to their customers
owing to the aforesaid amendment of the PML Rules, 2005,
7. And Therefore Unique Identification Authority of India, in exercise of
Regulation 12A of the Aadhaar (Enrolment and Update) (Second Amendment)
Regulations, 2017 (No. 2 of 2017) and the Aadhaar (Enrolment and Update)
(Third Amendment) (No. 3 of 2017), hereby directs that every Scheduled
Commercial Bank shall provide Aadhaar enrolment and update facilities to
its customers in the following manner:
i. Every Scheduled Commercial Bank shall set up Aadhaar enrolment and
update facility inside its bank premises at a minimum of 1 out of their
every 10 branches by 3oth August, 2017.
ii. The selection of branches for enrolment and update facility shall be
such that it covers all the district headquarters where it is present, and
that there is maximum coverage of Talukas/Block in every district.
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iii. The Scheduled Commercial Bank shall notify to its customers, the
general public, and
UIDAI of the locations of branches where Aadhaar enrolment and update
facilities will be
provided by them. The list of such branches shall be displayed on its
websites. Any changes
in locations shall be notified at the earliest in the aforesaid manner.
iv. The Banks may at its discretion provide the Aadhaar Enrolment and
Update facility to
customers of other banks.
v. The Bank may charge the customers for the Aadhaar enrollment and update
services at the
rate prescribed by UIDAI.
vi. The Scheduled Commercial Bank shall, if not already done so, become
Registrar of UIDAI for providing enrolment and update facilities.

8. Any non-compliance of these directions shall be dealt under Section 42
of the Aadhaar Act.

Dr. AJAY BHUSHAN PANDEY, Chief Executive Officer
[ADVT.-III/4/Exty./148/17] 

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