Pension Fund Regulatory and Development Authority
The Pension Fund Regulatory and Development Authority (PFRDA) has notified that the letter issued by Unique Identification Authority of India (UIDAI) will be accepted as a valid proof for Identity & address.
It has now been decided to accept E - KYC service launched by UIDAI as a valid process for KYC verification in consultation with UIDAI. The information authenticated and transferred by UIDAI containing demographic details and photograph as a result of E - KYC process shall be treated as sufficient proof of Identity & Address of the client, PFRDA said in a circular on 24th October, 2013
While using E - KYC service of UIDAI, the user has to authorise the UIDAI, to release her or his identity / or address through biometric authentication to the POP or / Aggregators.
The UIDAI then transfers date of the individual comprising name, age, gender & photograph of the individual, electronically to POP / Aggregators, which may be accepted as a valid process for KYC verification.
However, the POP / or Aggregator has to take a printout of the authentication data received from UIDAI & attach the same along with the subscriber registration form, PFRDA added.
AADHAR Card / or letter issued by UIDAI containing details of name, address & Aadhar number submitted by the subscribers in physical form as proof of identity & address would continue to be accepted as a valid KYC document.
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