If you have spent numerous weeks attempting to update your new address across government and private offices, all that problem may simply be a relic of days gone by. The government is working to incorporate the backend information to consistently update addresses at all information bases connected to an individual’s Aadhaar, the 12-digit extraordinary identity number that is currently pervasive and is acknowledged by practically all government and private organizations as a genuine method for verification.
It implies that in the event that one has changed his/her address in the Aadhaar card, the individual will get a choice to naturally update it everywhere else, including banks, telecom operators, life insurance policies, gas connections, and Permanent Account Number (PAN).
The new update will get rid of a ton of superfluous burdens endured by individuals,” said a senior government official aware of the project details. It will likewise save organizations time and resources in the endeavor to Know Your Customer verification. Aadhaar-based e-KYC has just become a famous method for validation, which doesn’t need paper-based verification and straightforwardly pulls information off the Aadhaar data set. The administration will, in any case, be simply “voluntary” and will be “consent-based”
Probably the greatest recipients of this feature will be bank accounts, PAN cards, gas connections, and different subsidy schemes right now connected to Aadhaar. The ministry is as of now working on the backend integration, which will be done through the DigiLocker, the government’s digital document and certificates repository.
It is also in the process of taking approvals from different controllers, for example, the Reserve Bank of India (RBI) and Telecom Regulatory Authority of India (TRAI) to enable the service. The government has given over 1.27 billion Aadhaar numbers up until now. Around 48.54 billion verifications have been done through Aadhaar, with near 8.7 billion e-KYCs being done as of November, as per official information.
For more information, visit the website of All India ITR