December 21, 2010 7:21 PM

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'Aadhaar' number to act as valid document to open bank account

‘Aadhaar’ Number issued by Unique Identification Authority of India, UIDAI can now be used for opening banking accounts. The Finance Ministry in its latest release says that the new notification will promote financial inclusion of the poor and the hitherto excluded by making it possible for them to easily establish their identity and open bank accounts.AIR Correspondent reports that to make the process simple UIDAI will facilitate opening of bank accounts for the residents at the time of enrollment for Aadhaar itself.A 12-digit exclusive number 'Aadhaar' is being issued by the government to act as an unique identification for citizens which is linked to the resident's demographic and biometric information.

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