As per Reserve Bank of India's KYC Master Direction*, banks are required to ensure that information on customers as part of the customer due diligence process is kept up-to-date. This includes the identity and address related information.
By submitting your self-attested Aadhaar Card copy to Citibank, you authorize Citibank to authenticate your Aadhaar number and demographic details (Information) on your Aadhaar Card against UIDAI database and consent for collection, storage, use of the Information by Citibank^.
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If your address on the Aadhaar card is not your current address and different from the address for your Citibank account, kindly share one of the following Officially Valid documents(OVD) mentioned below as proof of address:
**By submitting a copy of your Aadhaar Card to Citibank, you confirm and agree that the Bank has duly explained to you that submission of Aadhaar Card is no longer mandatory and you have the option to submit any one of the above documents towards submission of KYC / proof of address document.You are providing your Aadhaar card as an officially valid document proof to Citibank voluntarily and hereby authorize Citibank to use your Aadhaar as proof of address/KYC document in accordance with extant rules and regulations.In case you are submitting/uploading copy of your Aadhaar card, make sure to blacken out the first 8 digits of Aadhaar number so that they are not visible. Please also ensure that the last four digits are visible on the Aadhaar card before submitting/uploading, in the absence of which Citibank will reject the Aadhaar document. Notes
By submitting your self-attested Aadhar Card copy to Citibank, you authorize Citibank to authenticate your Aadhaar number and demographic details (Information) on your Aadhaar Card against UIDAI database.
If we need further information, we will get in touch on your registered mobile number or e mail. Due to huge volumes, our processing time is high, but as we complete your KYC updation, we will inform you on your registered mobile/e-mail.
Yes. In case you did not submit KYC documents by the specified deadline and the card/account gets blocked, any standing instructions, including but not limited to insurance payments, bill payments, mutual funds etc, will get dishonored. Do note, you would have also received an SMS alert and/or Email informing you of this impact.
No. As your bank information is not shared by the bank with anyone else, no one can have information about your bank account just by knowing your Aadhaar number. Also, UIDAI or any entity for that matter would not have any information about your bank account. For example, you give your mobile number at various places and to various authorities such as bank, passport authorities, income tax departments, etc. Would the telecom company have access to your bank information, income tax returns, etc.? Obviously no! Similarly, when you provide Aadhaar number to various service providers, your detail remains with the respective service providers and no single entity including the Government or UIDAI will have access to your personal information spread across various service providers.
Just like by merely knowing your bank account number, one cannot withdraw money from your account, similarly by merely knowing your Aadhaar number, no one can withdraw money from Aadhaar linked bank account. As in bank for withdrawing money, your signature, debit card, PIN, OTP, etc., is required, similarly for withdrawing money from your Aadhaar linked bank account through Aadhaar, your fingerprint, IRIS or OTP sent to your Aadhaar registered mobile will be required. No Aadhaar holder has suffered any financial or other loss or identity theft on account of any said misuse or attempted impersonation of Aadhaar. Notably, everyday more than 3 crore Authentications are carried out on the Aadhaar platform. In the last eight years, so far more than 3,012.5 crore authentications (till 28th May 2019) have been successfully done. UIDAI keeps upgrading and reviewing its security systems and safety mechanisms to make Aadhaar more secure and more useable. There has not been a single instance of biometric data breach from Aadhaar database. Therefore, people should freely use and give Aadhaar to prove their identity as and when required under the provisions of the Aadhaar Act, 2016.
Aadhaar authentication can be performed for availing benefits, services and benefits falling under Section 7 of the Aadhaar Act, 2016 and if the purpose for which Aadhaar authentication is intended to be used is either backed by law made by parliament or is in the State interest. The verification of Aadhaar can be done offline through QR code available on the physical Aadhaar copy. If any agency does not follow these best practices, then that agency will be fully responsible for situations or losses arising out of possible misuse or impersonation. An Aadhaar holder is not responsible for the wrongful act of or by any agency.
Note: - Once 'NIC sub-CA for NIC 2011, National Informatics centre' has been as a Trusted Identity, any subsequent documents with digital signatures from CCA will be validated automatically when opened.
Service Providers shall not share, publish or display either XML or Share Code or its contents with anyone else. Any non-compliance of these actions shall invite actions under Sections 29(2), 29 (3), 29(4) and 37 of The Aadhaar Act, 2016 (as amended) and sub regulation 1A of regulation 25, regulation 14A of The Aadhaar (Authentication and Offline Verification) Regulation, 2021 and regulation 6 and 7 of The Aadhaar (Sharing of Information) Regulation, 2016.
Identity verification can simply be accomplished by providing an identity document like PAN card, Passport etc to the service provider. However, all these documents, which may be used for identification can still be forged and faked which may or may not be possible to verify offline instantaneously. The document verifier has no technological means to verify the authenticity of the document or the information it contains and has to trust the document producer. Whereas, the XML file generated by the Aadhaar number holder using Aadhaar Paperless Offline e-KYC is digitally signed document using UIDAI digital signature. Thus, the service provider can verify the demographic contents of the file and certify it to be authentic when doing the offline verification
Registration for the Aadhaar card is now open to residents of India. OCI cardholders who have lived in India for a long time (more than 182 days in the 12 months immediately prior to the application date) and have an Indian valid address can also apply for an Indian Aadhaar card. Non-Resident Indians are not eligible for an Aadhaar card if they are an Indian citizen but have not stayed for more than 182 days in the last 12 months. NRI can apply for an Aadhaar Card after completing a 182-day stay in India in the last 12 months. This should be immediately prior to the registration application date.
The collected data will generate a unique ID to prevent the two Aadhaar cards from being the same, in case a duplicate application is already available in the Government database. When the registration process is complete, authorities will combine demographic and biometric information to generate an Aadhaar number and send a paper copy to your address.
Submit the form at the your nearest HDFC Bank branch with a documentary proof of address (please carry your original documents with you). Your mailing address will be updated within 7 working days, once the application with any of the supporting documents is received and found to be in order
You previously provided us with provisional documents (residence address proof) which are valid only for a period of 3 months from the date of approval for your Card. To ensure compliance as per RBI Mandate DBR.AML.BC.No.81/14.01.001/2015-16, you will need to submit your current residence address proof by providing a self-attested copy of any one of the Officially Valid Documents.
In case of foreign nationals - the documents issued by the Government departments of foreign jurisdictions and letter issued by the Foreign Embassy or Mission in India shall be accepted as proof of address.
We therefore request that you kindly share a self-attested copy of any of the accepted Officially Valid Documents (OVD)
for your current residence address. These documents are required to comply with the Reserve Bank of India (RBI) guidelines that mandates Know Your Customer (KYC) documents be maintained for our customers.
Do you want to change your address linked with your bank account? Do not worry. At times it becomes difficult for common people as well as the bank people to understand the basic requirements needed to write a change of address letter to the bank. When you are changing your personal house or your own company, the address change application in the bank is always a problem.
If you want to write an address change application to the bank, you need to follow the formats for it, but not a lot of people are aware of the address change application format. You may need to shift to a new city or a new location, shift your business to a new address or change your mailing address linked to your bank. While most banks have digitised every process, some still prefer to follow an offline process.
The most essential detail that has to be mentioned in the change of address letter to the bank is the reason behind changing the address and your bank account details. Below, we have got a few samples of how people can write bank account address change letters to help make the process easier.
When you shift to a new location or change your house, you will need to change your residential address in the bank. If you are the owner of a business and are shifting your office to a new location, you will have to write an address change application in bank. Check the below samples to know the address change application format. 2351a5e196
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