Aadhaar card is one of the most important identification proofs issued by the Indian government. Aadhaar or UIDAI is a 12-digit identification number obtained by the Indian citizen to authenticate identity. Aadhaar card is a must almost everywhere - PAN authenticate, travel, booking tickets, etc. But, did you know that Aadhaar can also be used to set UPI pin?

Ans: Basic Saving Basic Deposit Account is opened on the simplified basic KYC norms. Banks would not charge fee for deposit of money any number of time. In addition, banks would not charge for 4 withdrawals during a month. The customer would be provided with a passbook and an ATM card without any fee. The account can be used for day to day needs like deposit, withdrawal, remittances, direct credit of social benefits etc.


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Ans: Banks are required to know particulars of the customer before opening of the Accounts as per KYC regulations. Hence we need to submit necessary KYC documents, i.e. photograph, proof of identity and proof of residence to the bank along with account opening form. The account can also be opened on the basis of Aadhar Card. Person not having above documents may open account under relaxed KYC procedure based on MGNREGA job card or self?certification. The accounts opened under relaxed procedure will be treated as small accounts and will be subject to certain limitations.

Ans: Basic financial literacy highlighting benefits of opening account, availability of available credit facility, operating of ATM card and benefits of repayment of over?draft on time may be provided during these camps.

As per the new mandate concerned with changes made in the Prevention of Money Laundering (Maintenance of Records) Second Amendment Rules, all bank account holders must link their accounts with their respective Aadhaar cards. The same goes for biometric authentication as well. Punjab National Bank has developed a secure portal for customers to conveniently facilitate the Punjab National Bank Aadhaar Card Link online process. The PNB Bank Aadhaar seeding portal caters to the mandate and allows users to conclude the process conveniently from the comfort of their homes. The customers must register their phone numbers with the PNB Bank as OTP verification is required. In this piece, readers will be acquainted with various platforms through which they can easily facilitate the Punjab National Bank Aadhaar link process.

With the help of an ATM, one can easily link their PNB bank account with their aadhaar card. The Punjab National Bank Aadhaar Card Link procedure through an ATM can be done by implementing the following steps:

If any customer wants assistance with the Punjab National Bank Aadhaar Link process, they can use the traditional way of visiting a bank branch directly. It can benefit users who wish not to incorporate technological methods such as net banking or mobile application facilities. Here are the steps to get an aadhaar card linked with a PNB bank account by visiting the nearest branch.

Fraudsters have found numerous ways to dupe innocent people, by stealing credit card details, hacking bank accounts, sometimes by hacking smartphones too; the latest trick in their armoury is to use aadhaar authentication. 006ab0faaa

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