Yes, you read it correctly, you can now open a bank account in India using Aadhaar Card. As Aadhaar Card has been made a valid document that is acceptable as Proof of Identity and Proof of Address national wide, you can now easily open a bank account with Aadhaar Card.
Having a Bank Account has become very essential for each and every individual in financial life, whether the individual is a student, businessman, salaried, or self-employed. Previously to open Bank Account there was a limited list of documents acceptable as POI and POA, but now after making Aadhaar acceptable as POI and POA it has become beneficial to those people who were not able to provide the documents which were previously needed to open a bank account. So now any individual who holds Aadhaar card can now easily open a bank account with a single document that is Aadhaar.
Below is the complete process which will help you on how to open a bank account with Aadhaar Card.
Process to Open Bank Account with Aadhaar Card
Nowadays opening a bank account is very simple, just you need to visit the bank in which you want to open a bank account and ask them that you want to open a bank account with Aadhaar Card.
The Bank Officials will provide your bank account opening form, which you will have to fill correctly and will have to enclose your passport size photograph and photocopy of your Aadhaar Card. Apart from this bank may also ask details of introducer who is holding an account in the same bank.
Some of the banks in India also offer an online account opening option, wherein the customer at the comfort of the home can open a bank account online from the official bank website.
Once booking the appointment the executive from the bank will be visiting your address to collect a document to open a bank account.
When the executive will visit your address you will need to provide your Aadhaar, and the executive will do the rest procedure in its bank app to open your account with them.
Once the account opening procedure is completed, you will be handed over with Instant Kit which will contain a passbook, cheque book and other instructions booklet of the bank.
Other documents acceptable to an open bank account are Proof of Identity: Passport, PAN Card, Voters ID, Driving License, Bank Passbook with Photo, Letter from a recognized public authority or public servant verifying the identity and residence of the customer to the satisfaction of bank and as a Proof of Address: Telephone Bill, Bank Account Statement, Letter from any recognized public authority, Electricity bill, Ration Card and Letter from employer (subject to satisfaction of the bank).
If you can’t fulfill the requirement of other documents, then you can easily open a bank account with your Aadhaar Card. This is how easily you can apply for a bank account instantly with Aadhaar Card.