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RBI Asks Banks to Implements Aadhaar Virtual ID Systems by 30th June

by Askbanking June 23, 2018July 2, 2018 Aadhaar1 Comment

Aadhaar Virtual ID in Banks – The Reserve Bank of India (RBI) has asked all banks to implement the Aadhaar enabled Virtual ID system by 30th June. The implementation of virtual IDs (VIDs) in lieu of Aadhaar will help user to migrate to the limited know-your-customer mechanism. “This means customers can choose to give the […]

Aadhaar

Steps To Create Virtual ID for Your Aadhaar Number

by Askbanking April 3, 2018April 3, 2018 Aadhaar4 Comments

Generate the Virtual ID of Your Aadhaar Number following the guidelines below. UIDAI has enabled the creation of Virtual ID and started accepting for address update on their platform. They have also confirmed that it will be compulsory for all agencies that undertake authentication to accept the Virtual ID from their users from June 1, 2018. […]