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UIDAI orders banks to set up Aadhar centres by Sep 30

Posted on: 25/Sep/2017 2:24:02 PM
The deadline to link Aadhar card with bank accounts is December 31. Hence, the Unique ID Authority of India has requested banks to set up Aadhar enrollment by 30th of September.
 
Reports state that the banks ought to set up 1 enrolment centre per 10 branches. According to reports from UIDAI, the nodal agency handling Aadhar, a penalty of Rs 20,000 per month shall be quoted for each and every bank centre failed to be opened within the given deadline.
 
Recently, banks were instructed to set up Aadhar enrolment centres by or before 30th August. However, banks requested for more time as they need time for obtaining biometric devices and identify authorized agencies.
 
To note, it is compulsory for linking Aadhar with bank accounts within 31st December. If undone, the bank accounts would become inoperable.