Now, open bank account with Aadhar number without paperwork

The Unique Identification Authority of India (UIDAI) added one more feature which will enable anyone with the Aadhaar number to open a bank account without any paperwork. The private sector lender Axis Bank became first bank to start e-KYC facility which will facilitate Aadhaar registered individuals to walk up to a branch and open an account by merely providing Unique Identification Number (UIN) and scanning his fingerprints. Nandan Nilekani, UIDAI chief launched eKYC facility at Axis Bank headquarters in city today. The bank is starting with 1,000 branches and will roll out the facility across over 2,000 branches by end of the month.  He parried questions on expansion of the facility at other banks, limiting to saying that the numbers will only grow from here.

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