ALLAHABADBANK

DEVELOPMENT DEPARTMENT

AML & KYC CELL

HEAD OFFICE: 2, NETAJI SUBHAS ROAD, KOLKATA 700 001

Instruction Circular No. 12255/AML &KYC/2012-13/08 To: All Branches and Offices

Date : 08.01.2013

Acceptance of Aadhaar letter for KYC purposes -Campaign to link Aadhar number in existing accounts for implementation of Direct Benefit Transfer Initiative of Govt. Of India Attention is drawn to Appendix-III of the Instruction Circular No. 11954 /AML &KYC/2012-13/04 dated 29.06.2012 providing an indicative list of documents which may be obtained while opening of accounts. Unique Identification Authority of India (UIDAI) has advised Reserve Bank that banks are accepting Aadhaar letter issued by it as a proof of identity but not of address, for opening accounts. Accordingly, Reserve Bank of India vide a communication DBOD.AML.BC.No.65/14.01.001/2012-13 dated December 10, 2012 advised Banks that if the address provided by the account holder is the same as that on Aadhaar letter, it may be accepted as a proof of both identity and address. In view of the aforesaid RBI guidelines and recent Direct Benefit Transfer (DBT) initiative of the Government of India, all branches are advised to use Aadhar as a KYC document for opening of bank accounts to the extent possible to ensure that the bank account can be automatically linked to Aadhar. In this connection, a reference is made to HO Instruction Circular No. 12229/PSC/FI/2012-13/60 dated 26.12.2012 wherein under para 3 detailed guidelines are provided facilitating implementation of Direct Benefit Transfer initiative of Govt. of India. As large cash transfers are likely to take place through DBT, in order to get the benefit, it has now been decided to run a special campaign till 31.03.2013 to link Aadhar number to the existing bank accounts. Considering that the initiative is aimed at empowering the common man, all branches/offices should be proactive and ensure obtaining of Aadhar details while opening of accounts. The following action points should be considered for linking the Aadhar number in existing accounts during the campaign period: i) Adequate display should be made in a prominent place of the branch premises requesting customers to provide their Aadhar number in their existing Savings accounts to enable Aadhar linkage. ii) The front end officials should be sensitized to make customers aware of the advantages of Aadhar linkage.

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iii) In the exiting districts where Direct Benefit Transfer scheme is already in progress, the branch head should ensure opening of accounts of all the beneficiaries. Account opening campaigns may be conducted periodically at the identified wards/areas. iv) Proper liaison should be maintained with the dealing govt. officials to keep aware of the latest developments on Direct Benefit Transfer.

Aadhar linkage in the existing accounts as well as opening new accounts with Aadhar as KYC, provides an opportunity for the Bank to actively participate in the Cash Benefit Transfer Scheme as and when it is extended to other districts. In the 51 districts identified for first phase of implementation of Direct Bank Transfer, the concerned Zonal Offices should closely monitor the progress of the branches to ensure implementation of the scheme in letter and spirit. Branches/offices are advised to make a careful note of the aforesaid guidelines for meticulous compliance. (Ashok Chatterjee) General Manager (P&D)