All That
You Need TO Know About “The Aadhaar” In India:
Well before beginning with what is Aadhar, we would like to bring this to your notice that those
people who have not yet linked their Aadhar Card numbers to various documents and
services as per the guidelines of the central government can now have a sigh
of relief. This is because the Supreme court of India has simply extended the
deadline to linking your Aadhar to various documents to an indefinite period
till all the pending petitions regarding Aadhar Card issues gets pronounced.
But however, this doesn’t free you from not linking your
Aadhar Card to different services. In
case if you are eligible to be benefited from a certain welfare scheme or a
subsidy that has been put forward by the
Indian government then one must and should link his Aadhar card to those
selected services in order to take up the benefits of these schemes. LPG &
Kerosene subsidies, scholarships for students, issuing a license and many another such set of services require a mandatory linkage of the
concerned persons’ Aadhar Card number.
Now, let us get a clear idea of
what exactly is “The Aadhaar” In India?
What Is Aadhaar?
Well, to define Aadhar in a simpler terminology it can be
explained as a unique 12-digit identification number assigned to the residents
of India & is simply based on their biometric and demographic data. It issued
by the Unique Identification Authority Of India (UIDAI) being governed by the
Planning commission of India. One can avail the Aadhar card by simply presenting
a set of biometric details such as iris scan, fingerprints
& also they have to submit a valid proof of their biometric details such as
date of birth and address.
The major intention behind the idea of the Aadhar creation
is to assign a single unique identification document that captures all the
needed valuable information of an individual who as a resident of India.
Now, as you got a better understanding of what exactly is
Aadhar you will now be surely amazed to know that having an Aadhar can make your
financial life a lot easier.
Financial Benefits Of Having Aadhar:
Yes, you’ve read it right, having an Aadhar card and by
simply linking your mobile number to the Aadhaar card can make your financial
life see much simple and a lot easier. Let’s have a deep look into the details
that strengthen this statement.
Ø Income Tax:
By making use of Aadhar one-time password (OTP) verification option you
can simply verify your income tax field returns by following some simple online
steps. This simply cuts down all the other additional documentation needs and
is much more efficient and cost-effective.
Ø Simplified eKYC: At present various financial
institutions have made it mandatory to know-Your-Customer (KYC) compliance.
Here‘s how Aadhar Card comes into the play. By simply going for Aadhar based KYC
can save a lot of time and effort by
curbing down the process of uploading & verifying scanned copies of various
documents.
Ø Simplified Passport Acquisition: Now, having an Aadhaar card can help you in getting a passport within a short
span of 10days. Attaching a copy of your Aadhar card while applying for a passport through online is what all that it
takes. This simply serves as a valid proof of your identity and address.
Ø Simplified Opening Of Bank Accounts: Having
Aadhaar can help you open a bank account in a flash. Instead of running behind
submitting various documents you can simply submit your Aadhar as a legit proof of your identity and address.
In addition to these aspects,
there are several other benefits of having Aadhar Card which include
ü Helps in
getting a pension on time
ü Digital
life certificate
ü Easy
provident fund disbursement
ü Can avail
LPG & other government subsidies
Make the most out of these outstanding benefits by simply
acquiring your Aadhar Card identity & by linking your mobile number with your
Aadhar.
