18th July, 2018
Awareness

Read to know what to link with Aadhaar and by when

IndiaHub explains why Aadhaar-linking is important and deadlines for various services.

PPF, NSC, KVP

Deadline: Dec 31, 2017

Why? : 

  1. If you have been banking on your post office deposits like PPF, make sure you link your 12-digit Aadhaar number with it soon.
  2. Other investments like NSC and KVP also require Aadhaar verification.

Government notification

“Existing depositors who have not provided Aadhaar number at the time of application for such deposit shall submit his Aadhaar number to the post office savings bank or deposit office concerned, on or before December 31, 2017,” said government notification.

In case Aadhaar is not generated, one needs to provide the proof of application for enrolment into Aadhaar.

PAN

Deadline: Dec 31, 2017

Why?  

  1. Linking Aadhaar-PAN is mandatory for processing of income tax returns (ITRs) for the assessment year 2017-18.
  2. The earlier deadline was August 31, but the Central Board of Direct Taxes (CBDT) extended the last date to December 31, 2017 for easy compliance by taxpayers.

How to link?

  • You can link the PAN to Aadhaar by login to the income tax filing website by entering PAN (User ID), password and your date of birth.
  • Now click ‘Profile Settings’ and select the last option ‘Link Aadhaar’.
  • You are required to enter details like name, date of birth and gender as per PAN records and also your Aadhaar number.
  • Enter the captcha code and submit.

Mobile SIM

Deadline:  6 February 2018

Why? 

  1. If you have obtained your phone SIM card a year or a two back, it is unlikely to have been linked with Aadhaar.
  2. If you do not get your mobile number linked with Aadhaar, your services would be disconnected.

How to link?

  • You can link your Aadhaar with your SIM card by simply visiting the retail outlet of your telecom operator along with Aadhaar document.
  • Go to your telecom operator shop with Aadhaar Card
  • Ask them to link Aadhaar number with mobile number by filling up a re-verification form.
  • The operator will send a verification code on the number which you’re going to verify.
  • Provide the verification code to the operator and also, give your bio-metric expressions.
  • You'll receive a confirmation message, simply type Y and send it to them. The verification process would be completed within next 24 hours.

Bank account/Mutual Funds

Deadline: Dec 31, 2017

Why?

  1. After Dec 31, 2017, your bank account will cease to be operational if it’s not linked with Aadhaar.
  2. Also the government won’t open any account which doesn’t fulfill Aadhaar-based Know Your Customer(KYC) process.
  3. The same is needed for investing in a mutual fund. You don’t need to provide your Id with an Aadhaar-based KYC.
  4. No in-person verification is required.

How to Link?

  • To link it through net banking, you have to follow the following process;
  • Click on the link that says ‘Aadhaar Seeding Option’
  • Enter your Adhaar number.
  • You will get a screen with a transaction number and the number of days required to complete it.
  • When it is done, you get an alert from your bank saying it is complete.
  • You can also link Aadhaar throug SMS by sending UID (Space) Aadhaar number (Space) to the bank via SMS. When it gets linked, you will get an SMS alert about it.
  • Another way is to visit branch. Give a photocopy of your Aadhaar card to the bank representative. After necessary verification, the account will be linked and customer would be informed via SMS.

Social security Schemes

Deadline: Dec 31, 2017

Why?

  1. In order to correctly identify various beneficiaries of its social security schemes, government moved ahead with making Aadhaar declaration mandatory for welfare schemes like pension, scholarships etc.
  2. The government has extended the September 30 deadline by three months to Dec 31, 2017.v