How to link Aadhar Card to Bank account
The process of linking aadhar card to bank account is almost similar for every bank. Note that not all banks provide net-banking and SMS facilities for this linkage. For the convenience of readers, the article details the exact process of linking aadhar card to Axis, UCO, Canara, Punjab National Bank, IDBI and Bank of Baroda bank accounts.
What is Aadhar Card
Aadhar Card is an unique identification card that gives access to all kinds of transactions in banking, ration, etc. It has a 12 digit Unique Identification Number (UIDN) that stores biometric, demographic and other details of the cardholder. The card tells the user's name, address, gender, date of birth, phone number, email address and is an acceptable proof of identity for buying a new SIM Card, opening a bank account, etc. Indian Government had started the concept of Aadhar Card to provide identification to every individual and thereby maintain his record in government books & minimize frauds. As per the new rule, every Indian citizen is required to have an Aadhar card and this card must be linked to his/her bank account and gas agency (Bharat Gas, Indane & HP Gas). It was found that 30% of upper-class people didn't pay taxes properly. Every economic transaction will now be under the eyes of income tax department. The Aadhar Card concept can ease the administrative work of government and help concentrate on the loopholes.
If your account is with HDFC Bank, then read specific instructions to link HDFC account with Aadhar number through online banking.Why should I link Aadhar Card to my account number
First, if you do not link your Aadhar card to your account number, the bank account won't work as per the new rule passed by Central Government. Even a ration card can't be used. Second, by linking the card to your account number, you can avail government benefits like pensions. The 'Apka paisa apke hath me' program would use Aadhar Card only. The benefits are manifold. You can receive subsidized LPG by linking your card to the bank account and becoming a Cash Transfer Compliant Customer (CTCC) by December 1, 2013. Under the Direct Benefit Transfer (DBT) scheme, you won't get LPG subsidy if you do not link your Aadhar Card to your gas agency by February 2014. The market price of cooking gas is around Rs.1000 per cylinder. Currently, households are entitled to get nine cylinders in a year, each at a discounted price of Rs.450. Once your Aadhar card is linked to the gas agency, you would receive this amount directly in your bank account. The scheme aims at stopping black marketing of LPG. The other schemes under Aadhar are Indira Gandhi National Old Age Pension Scheme, Indira Gandhi National Widow Pension Scheme, Indira Gandhi National Disability Pension Scheme, National Family Benefit Scheme and Annapurna.How to link Aadhar Card to bank account
To get the card linked with the bank account, customers are required to visit the nearby branch of their bank and fill a form. The bank staff will take some time to enrol the customer details on the profile and the enrollment will be done. Some banks are helping their customers link their Aadhar cards to their saving bank accounts through SMS and net-banking as well. Every bank transaction will then be linked to the aadhar card. The process is almost similar to every bank. For the convenience of readers, the article details the exact process of linking Aadhar card to Axis, UCO, Canara, Punjab National Bank, IDBI and Bank of Baroda bank accounts.How to link Aadhar number with Axis Bank account
Axis Bank is one of the largest growing private banks with over 1947 branches in India. Follow the steps given below to link your Aadhar number with Axis Bank account.How to link Aadhar number with UCO Bank account?
UCO Bank is one of the oldest Indian banks. It has over 1900 branches. There are three ways to link your Aadhar number with UCO Bank account.
Method 1: Internet Banking
Method 2: SMS gateway
Method 3: Visit UCO BankHow to link Aadhar number with Canara Bank account
Started in 1906, Canara Bank is one of the oldest Government banks. It has over 3700 branches in the country. Majority of its account holders belong to South India. It has always been a very reliable bank. Follow the steps given below to link your Aadhar number with Canara Bank account.How to link Aadhar number with IDBI Bank account?
IDBI Bank has over 1111 branches worldwide. It is the tenth largest development bank and has its presence in Dubai, Singapore and Beijing. Follow the steps given below to link your Aadhar number with IDBI Bank account.How to link Aadhar number with Bank of Baroda account?
As Bank of Baroda has over 4172 branches in India, it is one of the most widely spread Indian banks. It was started way back in 1908 by Maharaja of Baroda and H. H. Sir Sayajirao Gaekwad III. Follow the steps given below to link your Aadhar number with Bank of Baroda account.How to link Aadhar number with Punjab National Bank account?
With around 5000 branches across 764 cities, Punjab National Bank is the third largest Indian bank. Over 37 million customers are associated with it.
Read How to link your Aadhaar card directly with your LPG console online
Thanks to the author for listing the process of linking our Aadhar card to our bank accounts. This is a easy process and I believe every one should do it quickly as you never know this might prove useful. Apart from the benefits already mentioned, one can expect the Indian government to add more benefits for people having bank accounts already linked to their Aadhar cards.