Is Aadhaar mandatory for SBI account opening?

SBI account holders need to do this by September-end to avail banking service. “We advise our customers to link their PAN with Aadhaar to avoid any inconvenience and continue enjoying a seamless banking service,” SBI said in a tweet.

Can I open account without Aadhar card?

KYC documents- Mandatory and optional The PAN card is a mandatory document required to open a demat account. Currently, linking of Aadhaar to demat, trading, or bank accounts is not mandatory as the government plans to revisit the e-KYC process. So, you can now open an account without an aadhaar card.

Is Aadhaar mandatory for SBI KYC?

Replying to them, SBI said, “As per RBI rules, these documents are being asked for linking the account with the user’s Aadhaar and PAN card. If the Aadhaar card and PAN are already linked with your bank account, then there is no need to submit the documents again.

Is Aadhaar card mandatory to bank account?

While it may not be mandatory to link Aadhaar Card with your bank account, for now, it appears that there is no escaping the process.

What are the documents required for SBI account?

Savings Bank Account

• (a) Proof of identity (any of the following with authenticated photographs thereon): (i) Passport. (ii) Voter ID card. (iii) PAN Card. (iv) Govt./Defence ID card.
• (b) Proof of current address (any of the following) (i) Credit Card Statement. (ii) Salary slip. (iii) Income/Wealth Tax Assessment Order.

Is Aadhaar mandatory for bank KYC?

For other banking services, Aadhaar is a preferred KYC document. However, if you do not wish to submit Aadhaar, then you may use any other officially valid documents as prescribed by Reserve Bank of India. Remember, linking your bank account with Aadhaar in this case is optional.

How can I link my Aadhar card with SBI bank account?

For linking via SMS, type UIDPAN<12-digit Aadhaar number><10-digit PAN> and send it to 567678 or 56161. Once the message is sent to either of the two numbers, PAN will be linked to Aadhaar card.

How can I link my Aadhaar card with SBI bank account?

Through SBI Anywhere App

1. Login to the SBI Anywhere App using your username and password.
2. Click on “requests” on the mainpage.
3. Click on the “Aadhaar” tab.
4. Next, click on “Aadhaar linking”.
5. Select your CIF.
6. Enter your Aadhaar card number, agree to the terms and conditions and click on “link”.

Why is Aadhaar card necessary?

Aadhar is mandatory for mobile and internet connections. Aadhar card has been made compulsory for the registration of deaths. It will help the UIDAI to deactivate the Aadhaar and prevent its misuse. Aadhar card made compulsory for EPF withdrawal, transfer and other uses.

Can I open a bank account without PAN card?

Yes. PAN is not mandatory for opening a bank account. You can open a bank account without PAN Card. You can use either Aadhaar Card or Form 60 for this purpose.

Is KYC needed for SBI account?

Amid the COVID-19 pandemic, State Bank of India (SBI) account holders can now update their Know Your Customer (KYC) documents online. Similarly, customers are not required to make a personal visit to the branch for the KYC updation. KYC documents are mandatory for all account holders.

How can I open a a bank account with Aadhaar card?

A bank account can be opened with any of id proof like voter’s card, pan card, driving license, passport and Aadhaar card as well as an address proof. In voter’s card, driving license, passport and Aadhaar card address is given. One can also use telephone bill, electricity bill and rent agreement or quarters allotment letter as address proof.

How to link Aadhaar with SBI account through SMS?

An August 2017 NDTV article also talks about linking Aadhaar and SBI account through SMS, by sending a message to 567676 in the format UID Aadhaar number Account number. However, the bank does not talk about this method any more. This article is intended for informational purposes only.

Can a Aadhaar card be used as a proof of identity?

Aadhaar card is now accepted as a proof of both, identity and address. Also introduction is not necessary for opening a bank account. Also you can change the address on aadhar card with the help of new statements or pass book issued by bank, which will be helpful to use it as address proof for your other works.

Can I open a bank account in India without address proof?

You can open an account without address proof of the current city if you have address proof of your permanent address anywhere in India. For example you can open a bank account in Mumbai even if your permanent address is in any other city in India and you do not have a proof of address for your Mumbai residence.