Reserve
Bank of India (RBI) has notified that the Aadhaar Card is a valid proof
for opening of a bank account under the Know Your Customer (KYC)
scheme.
RBI vide its circular
dated 28.09.2011 has advised banks to accept the Aadhar letter issued by
Unique Identification Authority of India (UIDAI) as an officially valid
document for opening bank accounts without any limitations applicable
to small accounts. Further, the RBI has also advised the banks vide its
circular dated 10.12.2012 that if the address provided by the account
holder is the same as that on Aadhaar letter, it may be accepted as a
proof of both identity and address.
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