UIDAI links banks with Aadhaar portal

The Unique Identity Authority of India is developing a system to link banks and Aadhaar portals, to associate bank accounts with Aadhaar numbers, to improve the subsidy systems currently in place.

According to a report in the Times of India, 40% of consumers have provided their Aadhaar data to gas agencies, and 15% have already provided their details to banks.

The UIDAI has also just finished the development of a remote platform, to allow bank employees to easily access Aadhaar numbers.

“This platform will immediately match details provided by the consumer to Aadhaar authorities and to the bank,” UIDAI deputy chairman M V S Remireddy said.

Reported previously in BiometricUpdate.com, Aadhaar enrolment has now reached 286.66 million, representing a significant jump, owed widely to the launch of the UIDAI’s direct transfer scheme launched early this year.

This increase is good news to stakeholders in the Aadhaar program, as in May 2012, enrollment stood at only 4.76 million, significantly less than January for example, in which enrolment stood at 24.79 million.

Based on the country’s 2012-2013 Economic Survey, the second phase of the Aadhaar project aims to enroll 400 million residents by 2014.

It has also been reported that the UIDAI has established infrastructure to generate 1 million Aadhaar numbers per day, and to process 10 million transaction authentications per day.

Article Topics

Aadhaar  |  banking  |  fingerprint  |  government