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Know all about UIDAI Aadhaar card including its eligibility, documentation requirement, application process, Aadhaar card download, benefits, link with PAN and more.
The process of e-KYC is similar to providing KYC documents for identity verification, but it is a digital process. Aadhaar based e-KYC is a paperless way of authenticating an individual’s identity with their consent, using biometric and demographic details available in the UIDAI database. This saves time and effort as the data is already verified by UIDAI, eliminating the need for extensive paperwork and multiple documents for ID proof, address proof, age proof, etc.
To access financial services, it is necessary to adhere to the KYC guidelines. If you are uncertain about your KYC compliance status, you can verify it by following these steps:
1. Visit the official website of any KYC Registration Agency (KRA).
2. Provide your Permanent Account Number (PAN) details.
Upon completion of these steps, you will promptly be informed of your KYC compliance status. If you are not compliant, you can proceed with the Aadhaar-based biometric procedure to fulfill the requirements.
Considering the numerous advantages of Aadhaar e-KYC, we understand your enthusiasm in seeking the steps to achieve KYC compliance. However, we would prefer to discuss this topic on another occasion.
Prompt: Rewrite differently this text.
The processes of Aadhaar e-KYC and Aadhaar authentication may appear similar to customers, leading to confusion. However, the two processes function differently.
Aadhaar authentication involves the verification of biometric and demographic information stored in the Central Identities Data Repository (CIDR). Service providers do not have access to demographic details, which can cause issues during the authentication process.
On the other hand, Aadhaar e-KYC allows service providers to access private information directly from the UIDAI database, such as name, address, gender, and date of birth. This process is faster and simpler, with enhanced effectiveness. If you are unfamiliar with this hassle-free procedure, read on for more details.
1. Customers often mistake Aadhaar e-KYC for Aadhaar authentication due to their similar appearance. However, the two processes function differently.
2. Aadhaar authentication involves verifying biometric and demographic information stored in the CIDR, while service providers cannot access demographic details.
3. In contrast, Aadhaar e-KYC allows service providers to access private information directly from the UIDAI database, making it a faster and simpler process with enhanced effectiveness. If you are not familiar with this procedure, read on for more details.
Customers are required to follow a specific process when choosing to undergo Aadhaar e-KYC verification through biometrics.
Step 1:
Present your Aadhaar card to your service provider, who will record your Aadhaar number or Unique Identification number (UID).
Step 2:
Subsequently, a biometric scanner will be used to capture and analyze your fingerprint or retinal image.
Step 3:
This information is then transmitted to the UIDAI, which compares it with the existing data associated with your Aadhaar in its database.
Step 4:
Your identity will be successfully verified once both sets of data match.
Upon completion of this verification process, the UIDAI will grant the service provider access to your personal details such as date of birth, address, photograph, and more.
Additionally, the UIDAI allows the agent to store a digital copy of these details on their servers, enabling them to retrieve the information as needed.
This concludes the procedure for conducting KYC online.
If the online methods are not feasible, service providers have the option to perform offline KYC verification using your Aadhaar through various methods. One such method is by scanning the QR code present on the Aadhaar card using a mobile scanner. This allows service providers to extract all demographic information required for offline UIDAI KYC verification without accessing the UIDAI’s database.
Another paperless method for offline e-KYC is available as well. To utilize this method, you need to follow a few steps. Firstly, visit the official portal of the UIDAI. Then, enter your UID or VID, the security code, and click on “Send OTP.” After receiving the OTP on your registered mobile number, download the Aadhaar XML file. This file contains your personal details such as name, gender, date of birth, address, and hashed email and mobile number. It is digitally signed by UIDAI and protected with a 4-character Share Code. Finally, provide this XML file to your service provider, who will verify your identity using the machine-readable details in the file.
This offline e-KYC process not only reduces the expenses associated with paper-based verification but also offers a faster means of completing official identification. If you are interested in learning about other advantages provided by the Aadhaar e-KYC procedure, continue reading!
In addition to being paperless and efficient in terms of time, Aadhaar e-KYC offers several benefits. The information obtained from the UIDAI’s database is already verified and does not require any further authentication. This authentication process is free of cost. It is a consent-based process, meaning that the UIDAI will only share your details with the requesting party after you provide your acknowledgement through biometrics or OTP. You can rest assured that your personal information will not be compromised, as only registered institutions and agents are allowed access to the Aadhaar KYC online verification facility. Furthermore, the biometric scanners used by service providers are also verified by the UIDAI. The digital documents provided are shared through a secure channel, eliminating the possibility of illegal document replication. If you wish to check your eligibility status for availing this convenient facility, there is a provision for that as well.
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