img

Aadhaar Update: In this fast paced world, it is rather diifcult to find someone who does not possess an Aadhaar card. Whether it is enrolling a child to school or slf government schemes, an Aadhaar card is obligatory. An Aadhaar card is needed for s ration, any document verification. Knowing what can be linked to an Aadhaar card is equally important.

Ensure these three things are ailes with an Aadhaar card.


More often than not easy tasks, that can be done usually, become quite the challenge when the Aadhaar has to be updated and linked to bank accounts, mobile devices and even network providers. There can be a lot of problems, not just a few, if a user’s Aadhaar is not connected to his or her mobile device, bank account and PAN. Let us explain this to you in detail.

A phone number cannot receive OTP without first updating the mobile number, the problem is there.

When applying for any government programs, verification is done via OTP sent to the mobile number linked with the Aadhaar. In case the phone is not linked with the Aadhaar, an individual will face difficulties during KYC with the bank. This may result in blocking bank chores.  

In case the PAN card is not linked and no transactions are possible, there will be issues.  

The Income Tax Department issues a 10 digit alphanumeric code known as PAN card. The financial activities of an individual can be checked using a PAN card. In the absence of an Aadhaar linked PAN, an individual may have difficulties getting a bank account, loan, or credit and debit cards. Apart from that, not having PAN linked to Aadhaar for individuals results in closure of the PAN card.

Bank account may be closed if not linked  
Although it is not compulsory to link Aadhaar to a bank account, if you want to take benefit from government schemes, then you do have to link it. If your bank account does not have an Aadhaarnumber linked to it, then you are free to avail all government schemes which include pension, subsidy, scholarship and many more. But in some cases, your bank might choose to close your bank account.  

If in case your Aadhaar card is linked with your phone and bank account, and PAN card, then you will not face issues down the line.

 


Read More: D-Street Bloodbath Investors Lose ₹5 Lakh Crore as Markets Crash on GDP Eve