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There is no requirement to link Aadhaar with bank accounts or provide it to banks. That coercion was banned by the Supreme Court in its 2018 verdict. UPI is a m
by wtmt 6y ago
There is no requirement to link Aadhaar with bank accounts or provide it to banks. That coercion was banned by the Supreme Court in its 2018 verdict. UPI is a mobile solution that requires a mobile phone number that’s linked to one’s bank account. It doesn’t need anything else (other than the account holder’s consent for UPI).
- perryizgr8 6y agoI know. Only the account discovery works way better if your adhar and mobile number are linked to all your accounts. I've seen it fail otherwise.
- wtmt 6y agoBanks cannot store Aadhaar numbers and allow it to be used for or enable better discovery. Phone number linked to the account is what’s important. Aadhaar is required only if/when receiving government subsidies in one’s bank account. It has nothing to do with person to person transfers.